I try to trade PMCC (Poor Man Covered Call) in Fidelity Roth account. I do not see the option. My research shows I need to select diagonal spread. I do "buy to open" call ITM long expiration ( like a year out) and then i do " sell to open" call OTM short expiration. Is that how i am supposed to do? Also, I do not see how much i pay premium for my buy call and how much i collect for my sell call option. How do i know how much i pay and collect before i place the order.
Thank you.
u/Intelligent_Dish3846 — 22 days ago