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Our Economy: The Bull- Bear Debate

November 1st, 2009 · 45 Comments

As I was about to publish an article I was working on this past week, the DOW suffered through its worst day since April, on Friday, thereby wiping out much of the gains for October. Many of the “experts” came out of the woodwork explaining why they knew this would occur and the doom and [...]

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Tags: Economy · The Blue Collar Investor · economic news

Reverse Stock Splits and How they Effect our Option Contracts

March 29th, 2009 · 13 Comments

In a filing with the SEC last week, Citigroup said it is considering a reverse stock split as part of its effort to convert preferred shares (take priority over common shares on earnings and assets in the event of liquidation) to common shares.
What is a reverse stock split?:
It is a reduction in the number of [...]

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Tags: Cashing in on Covered Calls · Stock Splits · The Blue Collar Investor · Uncategorized

Warren Buffett Analyzes the Economy in 2009 plus Cramer vs. Stewart

March 15th, 2009 · 11 Comments

Last year I wrote an article summarizing comments Warren Buffett made in a rare 3-hour interview with Becky Quick on CNBCs Squawk Box. Your response was overwhelmingly positive.  When I got word that Buffett was once again appearing in the same venue, I prepared a pen and pad and started taking notes. Then I summarized the key [...]

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Tags: Alan Ellman · Cashing in on Covered Calls · Economic Indicators · Economy · Jim Cramer · Mad Money · The Blue Collar Investor

Selling the In-The -Money Strike- A New Way of Thinking

March 8th, 2009 · 19 Comments

A few weeks ago I wrote an article entitled, Selecting the Best Strike Price. Since then I have received several emails asking for more information as to why I sell I-T-M strikes and the rationale behind my thoughts. I fully understand your concern about this issue since historically Out-Of-The-Money strikes have been the most popular.
Before [...]

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Tags: Alan Ellman · Cashing in on Covered Calls · Economy · S&P 500 · The Blue Collar Investor · VIX · economic news · intrinsic value · strike price · time value