also, to write/sell options in Australia, you generally must be registered/approved by the ASX Clearing House, which requires you to lodge collateral with them, as a contingency for your potential (BIG) losses
writing options is for pros & many of these pros lose big time
as has been posted, the US market is generally the market for this, so you can stay awake at night stressing about your positions
think safe
regards
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- poor market for long term options
poor market for long term options, page-5
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