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The Blue Collar Investor WeBlog Investment Strategies by Alan Ellman

Entries from January 2009

President Obama and Our Stock Market Investments plus Our Readers Pick their Favorite Stocks

January 25th, 2009 · 2 Comments

Help Wanted: Someone to manage a country in a deep recession, involved in two wars, with a subprime debacle that has caused collapse of the financial sector, real estate and stock markets. The people who will pay your salary will have absolutely no confidence in your government or the regulatory agencies it provides. If you [...]

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Tags: Cashing in on Covered Calls · Economic Indicators · Economy · Jim Cramer · Locating Stocks · Mad Money · Uncategorized · economic news · watch list

The Option Buyer or the Option Seller: Which should you be?

January 18th, 2009 · 10 Comments

You walk into your local stationery store and pull out a $20 bill. “Give me 20 state lottery tickets, please.” You can’t help but dream of all the riches that $20 investment will provide to you. After all, the grand prize is up to $25 million dollars. You even go so far as to compute [...]

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Tags: Cashing in on Covered Calls · Economic Indicators · Economy · Uncategorized · VIX · economic news

Stop Loss Orders- Should We Use Them When Selling Covered Calls?

January 11th, 2009 · 11 Comments

I am continually finding myself impressed with the level of knowledge of my fellow Blue Collar Investors. One question that has been coming up lately relates to the use of stop loss orders when selling covered call options. This is an order to sell (or buy) a security once the price has dropped below ( or risen [...]

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Tags: Cashing in on Covered Calls · Economic Indicators · Economy · Uncategorized · VIX · economic news

The Basics of the Call Option plus a Current Real Life Example

January 4th, 2009 · 7 Comments

Definitions:
Implicit in the term covered call writing is the fact that we are selling call options. They are covered because we first own the underlying equities prior to selling the option. Since this is my first article of the new year and given the fact that we have so many new members of the Blue [...]

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Tags: Cashing in on Covered Calls · Earnings Reports · Economic Indicators · Economy · Locating Stocks · Uncategorized · VIX · economic news · video