Nov 1, 2014 | Covered Call Exit Strategies, Exit Strategies, Stock Option Strategies
Exit strategies or position management is one of the three major components of this strategy we must master to become elite covered call writers. The other two are stock (or ETF) and option selection. In my books and DVDs I mostly focus on scenarios that can result in...
Oct 29, 2014 | Stock Investing
Covered call writing has played a major role in allowing me to do the things I want to do when I want to do them. I have been able to devote time to family, friends and my extended family, the BCI community, which I wouldn’t have had the opportunity if not for...
Oct 25, 2014 | Investment Basics, Option Trading Basics, Options Trade Execution
Options trade executions include a discussion of the levels of trading approval needed to use various options strategies. You will recall that these defined levels will vary slightly from one brokerage to another. Here is a chart reviewing a sample of these trading...
Oct 18, 2014 | Covered Call Exit Strategies, Exit Strategies, Investment Basics, Option Trading Basics, Stock Investing, Stock Option Strategies
With the stock market declining over 5% in the past month as a result of geo-political and global concerns exacerbated by the fears of an Ebola epidemic we find ourselves in a position that may lead to “panic” in our investment decisions. The stock market seemed to...
Oct 11, 2014 | Investment Basics, Option Trading Basics, Options Trade Execution
Covered call writing and selling cash-secured puts involves investing our hard-earned money. Did you ever wonder who guarantees these trades? It’s not our broker or even our broker’s clearing firm. It’s the Options Clearing Corporation or the OCC....