Comments on: Using Leading Economic Indicators in our Covered Call Decisions https://www.thebluecollarinvestor.com/using-leading-economic-indicators-in-our-covered-call-decisions-plus-the-canslim-list/ Learn how to invest by selling stock options. Thu, 05 Jan 2012 20:36:11 +0000 hourly 1 By: admin https://www.thebluecollarinvestor.com/using-leading-economic-indicators-in-our-covered-call-decisions-plus-the-canslim-list/#comment-545 Tue, 05 Jan 2010 07:03:14 +0000 /blog/?p=1256#comment-545 Rob,

Money Central does not rank most ADRs (American Depository Receipts). These are foreign companies that trade on U.S. exchanges. If the stock meets all other system criteria, it remains in consideration.

Alan

]]>
By: Rob https://www.thebluecollarinvestor.com/using-leading-economic-indicators-in-our-covered-call-decisions-plus-the-canslim-list/#comment-544 Tue, 05 Jan 2010 03:27:55 +0000 /blog/?p=1256#comment-544 What does it mean if there is no scouter rating for a stock? I noticed that a few on the IBD 100 do not have a rating. If everything else is a go, are theses stocks possible?

]]>
By: Tom https://www.thebluecollarinvestor.com/using-leading-economic-indicators-in-our-covered-call-decisions-plus-the-canslim-list/#comment-543 Sun, 15 Nov 2009 17:12:34 +0000 /blog/?p=1256#comment-543 A month ago I wrote a cc on DSX (November $10 strike with $3 premium). It has now gotten completely away from me. Does it make sense to buy it back now for about $6.20 and write a December cc $10 strike for $6.30? That should carry forward my approximate $300 gain.

On the one hand the shipping rates are going up, on the other hand DSX recently reported a loss.

I will watch for a DSX weakening in the next month and may get out of this without too much damage.

I discovered and subscribed to your service last week and your books are on order, maybe this won’t happen again.

Thanks for your help.

]]>
By: admin https://www.thebluecollarinvestor.com/using-leading-economic-indicators-in-our-covered-call-decisions-plus-the-canslim-list/#comment-542 Thu, 12 Nov 2009 19:55:37 +0000 /blog/?p=1256#comment-542 Hi Joshua,

Both of my books (best-sellers, I’m proud to say, on the subject of covered calls) are available in multiple venues. Amamzon.com and BarnesandNoble.com have them online through SAMR Productions. Your best bet is directly through this website:

http://www.thebluecollarinvestor.com/store.shtml

My first book, “Cashing in on Covered Calls” details my stock selection process and technical analysis system. You can also access (for free) the journal articles I have published over the past two years:

http://www.thebluecollarinvestor.com/blog/

On the left side of this page look for recent articles, categories and archived articles.

Thanks for your interest.

Alan

]]>
By: Joshua https://www.thebluecollarinvestor.com/using-leading-economic-indicators-in-our-covered-call-decisions-plus-the-canslim-list/#comment-541 Thu, 12 Nov 2009 18:42:33 +0000 /blog/?p=1256#comment-541 I am new to your site – can you advise what your way of picking stocks is – i can not find the particular article where you discuss this.

i also would like to learn more about the technical analysis and how you pick the winners..any help is greatly appreciated.

i went to Barnes noble today to check out your first book and they said its been out of print already. any ideas?

]]>
By: Types of Customer Orders plus Industry in the Spotlight https://www.thebluecollarinvestor.com/using-leading-economic-indicators-in-our-covered-call-decisions-plus-the-canslim-list/#comment-540 Sat, 22 Aug 2009 20:10:00 +0000 /blog/?p=1256#comment-540 […] News: _________________________ The latest round of reports suggest a slowly improving economy. The Conference Board’s idex of leading indicators was up 0.6% in July for the fourth straight increase. This suggests a bottoming of the recession. […]

]]>
By: admin https://www.thebluecollarinvestor.com/using-leading-economic-indicators-in-our-covered-call-decisions-plus-the-canslim-list/#comment-539 Sat, 25 Jul 2009 13:40:33 +0000 /blog/?p=1256#comment-539 Dave,

There is no distinction between I-T-M, A-T-M, and O-T-M strikes in this regard. All situations are handled similarly.

If you sell an I-T-M $50 strike for a stock you purchased at $52 and generate a premium of $3.50, you will buy it back @ .70 during the 1st 2 weeks of a 4-week contract cycle and .35 on week 3 of that cycle. You will buy it back at any price if you feel the need to sell the stock immediately (my Qualcom example in both books). Also, on or near expiration Friday, you can buy back the option at any price if the concurrent sale of the next months option makes for an appropriate investment.

You will note that if you buy back the $3.50 option for .70, the intrinsic value portion ($2) is represented by .40 ($2 x 20%0 and the time value ($1.50) is represented by .30 ($1.50 x 20%).

Therefore, using the same criteria for all strikes is both time efficient and accurate.

Alan

]]>