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Ask Alan # 210: What If I Close My Covered Call Writing Position Early When Share Price Rises?

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Mhen share price rises significantly, opportunities are created to close the covered call trade prior to contract expiration and use the freed-up cash to initiate a second income stream in the same contract cycle. This video will include information on exit strategies for covered call writing, the BCI Trade Management Calculator and rationale regarding trade adjustment decisions.
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About Alan Ellman

Alan Ellman loves options trading so much he has written four top selling books on the topic of selling covered calls, one about put-selling and a sixth book about long-term investing. Alan is a national speaker for The Money Show, The Stock Traders Expo and the American Association of Individual Investors. He also writes financial columns for both US and International publications along with his own award-winning blog.. He is a retired dentist, a personal fitness trainer, successful real estate investor, but he is known mostly for his practical and successful stock option strategies.

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