Position management (exit strategies) is the 3rd required skill for successful, elite option-selling. This podcast will show a real-life example with XLU that shows how an initial covered call return was doubled by implementing our exit strategy arsenal.
The BCI guidelines as when to close the initial short calls and calculations are included in the presentation. A graphic representation of all legs of the trade are also included and described in this podcast.
Links mentioned in the podcast:
https://thebluecollarinvestor.com/minimembership/bci-investor-program/
https://thebluecollarinvestor.com/minimembership/bci-trade-management-system/
