The Poor Man’s Covered Call: Rolling Options in the Current Contract Month + 15% Holiday Discount Expiring Soon

The Poor Man’s Covered Call: Rolling Options in the Current Contract Month + 15% Holiday Discount Expiring Soon

Dec 19, 2020 | Covered Call Exit Strategies, Exit Strategies, Option Trading Basics, Options Calculations, Options Trade Execution, Stock Option Strategies

Exit strategies are critical to our overall success whether using traditional covered call writing or the Poor Man’s Covered Call (PMCC). In this article, we will evaluate scenarios when share price both declines and accelerates creating rolling-down and...
“Hitting a Double” With The Procter & Gamble Co. (NYSE: PG) + 15% Holiday Discount

“Hitting a Double” With The Procter & Gamble Co. (NYSE: PG) + 15% Holiday Discount

Dec 12, 2020 | Covered Call Exit Strategies, Exit Strategies, Investment Basics, Option Trading Basics, Options Calculations, Options Trade Execution, Stock Option Strategies

After entering our covered call writing trades, we immediately enter our 20% buy-to-close (BTC) limit orders. This will automate the process to close our short calls in the first half of a monthly contract should share price decline significantly. This article will...
BCI PODCAST 34. Exit Strategy and Final Covered Call Writing Calculations

BCI PODCAST 33. Rolling Covered Call Trades Out And Up

Dec 6, 2020 | Podcasts

Watch Video: Listen To Audio Version: When our strike prices are in-the-money as expiration approaches and we don’t want our shares sold, we must close the current month option and roll to the next month. Rolling can include rolling-out to the same strike or...