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

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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

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

tax considerations for covered call writing

Long-Term Capital Gains Enhanced with Covered Call Writing

Covered call writing can be crafted to meet a multitude of trading styles, goals and personal risk tolerances. In this article, I will highlight yet another situation where we may utilize this great strategy. In this common hypothetical, we are preparing to sell a stock that has substantially appreciated in value and represents a source […]

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Ask Alan

“How to Manage Put Sales After a Gap-Up in Price” – Ask Alan 139

Alan answers a question posed by David, who asks: Alan, When AVCO was trading at $238, I mistakenly sold the out-of-the-money $235 put for $6. I didn’t realize that there was a June 1st earnings report which caused the stock price to move up to $254. I’m not sure how to manage this position at […]

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BCI put calculator

Buying Back Put Options When Share Price Gaps Up: A Real-Life Example with AVGO

When selling cash-secured puts our position management skills include buying back the short puts under certain circumstances. These include situations when share price moves up or down dramatically. When share price declines below the breakeven, we start losing money. Our guideline is to buy back the sold put if share price declines by more than […]

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