Mar 22, 2009 | Stock Trading & Taxes
President Obama has brought to the forefront the issue of taxes as a major part of his economic stimulus package. With that in mind, I thought it appropriate to discuss some of the tax issues that face covered call writers. First and foremost, let me state the...
Feb 22, 2009 | Stock Investing
With all the negativity surrounding our economy, with the stock market testing its November lows and with consumer confidence on life support, this author is about to write a positive column. Am I insane? The re-incarnation of Crazy Eddie perhaps (remember him?). As I...
Feb 15, 2009 | Investment Basics
Triple Witching Friday…..what a scary term! Is it the day after Halloween? NO. Is it a hazing ritual for a college fraternity? Not even close. Well then, what is it ? It is an event that takes place when stock index futures, stock index options and stock options...
Jan 18, 2009 | Stock Option Strategies
You walk into your local stationery store and pull out a $20 bill. “Give me 20 state lottery tickets, please.” You can’t help but dream of all the riches that $20 investment will provide to you. After all, the grand prize is up to $25 million...
Jan 11, 2009 | 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...