beginners corner

Lesson 7: Exit Strategies: Monitoring Your Stock and Options Positions

Beginners Corner Information

Exit Strategies: Monitoring Your Stock and Options Positions When Selling Covered Call Options

Included In This Video:

  • Situations requiring exit strategies

  • Exit strategies prior to expiration Friday

    • Rolling down

    • Plan to "hit a double"

    • Convert "dead" money to cash profits

    • Take no action

    • The mid-contract unwind strategy

  • Exit strategies on or near expiration Friday

    • Rolling out

    • Rolling out and up

  • Using multiple exit strategies in the same contract month

In Lesson 8 we will demonstrate the entire step-by-step process for mastering the covered call strategy.