beginners corner

Learn how to invest by selling stock options.

Alan Ellman guides us through his system of options trading so
you too can become
CEO Of Your Own Money.

See how we have helped thousands beat the market consistently on their way to financial independence.

* Important Disclosure: The information contained herein should not be construed as personalized investment advice, and should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Read Full Disclosure

What Our Clients Say

What I am most impressed with is the cleverness, yet simplicity that Alan’s system is built upon. It is written for the average person, The Blue Collar Investor.

– Dave Lindahl | RE Mentor, Inc

My wife and I recently purchased both of your books. They are clearly written and the examples are easy to understand as we have learned a lot of new information.

– John and Beronica R. | Allen, TX

The thing I like the most about Alan’s covered call plan is that if you do enough research on the stock at the outset, you can feel comfortable owning it even if it goes down.

– Danielle H | Valparaiso, IN

I want to thank you also for the incredibly good lists and articles that you and your team are putting together. I have learned so much from reading your articles and studying the weekly lists that I am feeling far more confident that I can invest much more wisely.

– Steve Sorensen

Recent Blog Posts    |  Visit The Blog (Weekly Training Articles & Commentary)

option chains for covered call writing

Temporary Self-Loans for the Mid-Contract Unwind Exit Strategy

The mid-contract unwind (MCU) exit strategy is a position management maneuver we use to generate a second income stream in the same month with the same cash investment. The opportunity arises when share price moves significantly higher than the short call strike in the first half of a contract. This article will highlight a real-life […]

40 Comments Continue Reading →
covered call writing and earnings reports

Managing Great Stocks After Disappointing Earnings Reports

Never sell a covered call option or cash-secured put if there is an earnings report due out prior to contract expiration. This is one of the golden rules of the BCI methodology. We know that a report that disappoints generally did not meet market consensus regarding sales, earnings or both. However, the report still may have reflected great […]

42 Comments Continue Reading →
covered call writing with LEAPS

Selling LEAPS and Covered Call Writing

In our BCI methodology we favor Monthly or Weekly options for our short covered call writing positions. I am frequently asked why I don’t utilize LEAPS options (expire 9 – 24 months in the future) to garner a much higher premium and perhaps require less management time. Dan recently sent me a covered call trade he executed with […]

28 Comments Continue Reading →