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BCI PODCAST 108 Establishing Our Cost-Basis in a Multi-Step Managed Trade

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Using the correct cost-basis statistic is critical to our option-selling success. This podcast will highlight the appropriate cost-basis when initiating a covered call writing trade, when managing that trade and after closing all legs of the trade. The cost-basis is not the same for these transactions. A real-life example with KWEB will be used.



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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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