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Learn how to invest by selling stock options.

Alan Ellman guides us through his system of options trading so
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* Important Disclosure: The information contained herein should not be construed as personalized investment advice, and should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Read Full Disclosure

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What I am most impressed with is the cleverness, yet simplicity that Alan’s system is built upon. It is written for the average person, The Blue Collar Investor.

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The thing I like the most about Alan’s covered call plan is that if you do enough research on the stock at the outset, you can feel comfortable owning it even if it goes down.

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covered call writing exit strategies

Using The Ellman Calculator to Monitor “Hitting a Double” Results

One of our BCI covered call writing exit strategies is titled “hitting a double” This opportunity arises when share price declines after a covered call position is opened, short calls are bought back using our 20%/10% guidelines and then the same option is re-sold when share price rises. This article will highlight how to use […]

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covered call writing exit strategies

Analyzing a Rolling Down Trade During an Extreme Short-Term Market Decline

Exit strategy opportunities must be taken advantage of with our covered call writing and put-selling trades. When there is a significant overall market decline in the short-term, there will be losses. Our job, as option-sellers, is to mitigate those losses using our position management skill. On October 20, 2018, Alvin shared with me a series […]

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Ask Alan

Ask Alan #157 – How to Set Up a Poor Man’s Covered Call Trade

Alan answers a question posed by Margie, who asks: Alan, What are the most important factors you use when you set up a poor man’s covered call trade? Is it the same as regular covered call writing? Thanks a lot, Margie ——— It’s the 2nd Wednesday of the month. Time for another original episode of […]

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