The Blue Collar Investor WeBlog

You turn on your favorite financial channel to get an update on the economy. You are  informed that housing starts are down, the Index of Leading Indicators has disappointed, demand for durable goods is dropping and unemployment is on the rise. Your Jekyll and Hyde personality turns bearish as you head to the kitchen for a [...]

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As safe a strategy that covered call writing is, there is some risk…the risk is in the stock, not in selling the option. That is why some investors who utilize this strategy buy protective puts to alleviate some of the risk.
Definition of a protective put:
A put option purchased for a stock that is already owned by the [...]

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Locating the greatest performing stocks in the greatest performing industries just got easier! In chapter 7 of my book, Cashing in on Covered Calls, I discuss the methodology to create a watch list of the best optionable stocks. One of the key screens is the IBD link located @ www.investors.com. This is the only screen in [...]

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Would you like a quick, easy, inexpensive and still safe way to invest with covered call writing? If so, why not consider using exchange traded funds? In chapter 14 of my first book, Cashing in on Covered Calls, I discuss diversification and dollar cost averaging as an investment strategy and how that approach can be utilized when [...]

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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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