An integral aspect of our options trade executions is to sell at the “bid” and buy at the “ask”. Many times we can “negotiate” the bid to a higher price or the ask to a lower price. Would you like to earn $50 in 50 seconds? Why not learn how to play the bid-ask spread? [...]
Playing the Bid-Ask Spread When Selling Covered Call Options
Posted on May 26, 2012 by Alan Ellman in Options Trade Execution
Analyzing a Covered Call Trade by Barry Bergman, Director of Research, The Blue Collar Investor Corp.
Posted on May 19, 2012 by Alan Ellman in Covered Call Exit Strategies, Options Trade Execution
Covered call writing trades can be analyzed from many perspectives. Each analysis represents an enlightening experience as we all learn from each other and share ideas and conclusions. We recently received a series of emails from one of our more experienced and savvy premium members regarding several trades he executed a short while ago. I asked [...]
Covered Call Writing: Types of Customer Orders
Posted on March 24, 2012 by Alan Ellman in Option Trading Basics, Options Trade Execution
Executing covered call trades begins when we instruct our online discount brokers what we want them to do for us. When instructing our online discount broker as to the actions we want taken, we submit a customer order. These orders can take several different forms depending on our investment strategies and objectives. We can buy [...]
Buy-Write Orders: The Buy-Write Combination Form
Posted on April 16, 2011 by Alan Ellman in Options Trade Execution
There are two ways to enter a covered call position. The first is called legging-in where the stock is purchased and then the option is sold. Two distinct trades are executed. The second is known as a buy-write order where the security purchase and option sale is entered as one trade with a net debit [...]
How Our Trade Orders Are Executed- My Day On The Floor Of The New York Stock Exchange
Posted on October 3, 2010 by Alan Ellman in Options Trade Execution
You sit down in front of your computer and access your online discount broker. You are ready to sell a covered call option for company BCI. You put in a market order to buy 100 shares of BCI and confirm the order. Then you check “order status” and it shows “executed”. In a couple of [...]
Types of Customer Orders plus Update on BCSI
Posted on September 19, 2010 by Alan Ellman in Options Trade Execution
When instructing our online discount broker as to the actions we want taken, we submit a customer order. These orders can take several different forms depending on our investment strategies and objectives. We can buy or sell; request a specific price or simply the best available price; we can stipulate an action given a particular [...]
The Show or Fill Rule- More Cash for Us! plus a Spreadsheet for I-T-M Strikes
Posted on January 10, 2010 by Alan Ellman in Options Trade Execution
When David did battle with Goliath, he used the leverage of his slingshot to overcome overwhelming odds. In much the same way we, as Blue Collar Investors, must use every tool available to us to level the playing field with the market makers and specialists who are taking the other side of our trades. One [...]
Types of Customer Orders plus Industry in the Spotlight
Posted on August 22, 2009 by Alan Ellman in Options Trade Execution
When instructing our online discount broker as to the actions we want taken, we submit a customer order. These orders can take several different forms depending on our investment strategies and objectives. We can buy or sell; request a specific price or simply the best available price; we can stipulate an action given a particular [...]
Stop Loss Orders- Should We Use Them When Selling Covered Calls?
Posted on January 11, 2009 by Alan Ellman in Options Trade Execution
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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Playing the Bid-Ask Spread When Selling Covered Call Options
May 26, 2012
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Analyzing a Covered Call Trade by Barry Bergman, Director of Research, The Blue Collar Investor Corp.
May 19, 2012
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Covered Call Writing Premiums: Intrinsic Value + Time Value
May 12, 2012
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Entering Our Covered Call Positions Mid-Contract
May 5, 2012
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Covered Call Writing and the Blue Collar Premium Report
April 28, 2012
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Covered Call Writing and The CBOE’s Volatility Index (VIX)
March 31, 2012
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Mid-Contract Unwind Exit Strategy: A Real Life Example
February 25, 2012
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Covered Call Writing: Stock Options with Additional Expiration Months
February 18, 2012
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Covered Call Writing and Stock Option Expiration Cycles
April 21, 2012
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Using Multiple Exit Strategies in the Same Contract Month
March 17, 2012
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Barry B: Premium Members, The Weekly Report for 05-25-12...
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Adrian: Alan, I first wanted to say that I hope you agreed...
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Alan Ellman: Dan, Glad to assist. The stats above relate to ...
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Dan: Thanks Alan for the prompt answer. However- I\'m n...
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Alan Ellman: Dan, Thanks for the generous remarks. We LOVE t...
