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Ask Alan – Strike Selection and Covered Call Writing

Alan answers a question coming from Dan of Toronto, Canada. Dan writes… "I’ve only used out-of-the-money strikes when selling covered call options, but I see you use in-the-money strike prices as well. How do you determine which is the nest strike price to use?"

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About Alan Ellman

Alan Ellman loves options trading so much he has written three top selling books on the topic of selling covered calls alone. He is a recently retired dentist, a personal trainer, successful real estate investor, but he is known mostly for his profound stock option strategies.

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