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Using Multiple Exit Strategies in the Same Contract Month

Covered call writers can be good at what they do or great at it. They can generate decent returns or the highest possible returns. One of the mission statements of The Blue Collar Investor is to assist each other in achieving the greatest levels of success. The implementation of exit strategies when indicated is critical to this […]

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Mid-Contract Unwind Exit Strategy: A Real Life Example

To maximize our covered call writing profits it is critical to take advantage of our exit strategy opportunities. Last week I posted a few comments regarding the mid-contract unwind exit strategy and received several emails asking for more information about the trade I alluded to. In this week’s article I will walk through the steps […]

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Rolling Strategies On Or Near Expiration Friday

With one week remaining before the expiration of the November option contracts I thought I’d use this week’s blog article to review the process of the rolling exit strategies. I will use a real-life example taken from our Weekly Stock Screen and Watch List. The figures you will see are based on the options chain […]

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WHEN TO BUY BACK YOUR OPTION – EXPIRATION FRIDAY DILEMMA plus Industry in the Spotlight

Picture this: It’s on or near Expiration Friday and your stock or ETF (Exchange Traded Fund) is above the strike price. You know that if you do not act to institute an Expiration Friday Exit Strategy your stock will be assigned (sold). So what are the factors that will determine whether or not you buy back […]

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