Exit strategies are a critical component to achieving the highest level of option trading success. This podcast will focus in on a situation where share price of the underlying security rises exponentially causing the time-value component of the premium to approach...
Rolling-down is one of our go-to covered call writing exit strategies when share price declines. We use it to mitigate losses and enhance portfolio gains. This podcast will discuss the benefits of rolling-down to in-the-money strikes when a decision has been made not...
A collar trade is a covered call writing-like trade where a protective put is added to the long stock and short call positions. This podcast used a hypothetical example to enter a collar trade, then close and re-sell the short call. 3 columns of the BCI Collar...
When we allow exercise of our cash-secured put sales, there are 3 choices we have: 1- Retain the shares, having purchased them at a discount 2- Write a covered call which is part of our Put-Call-Put (PCP or wheel strategy) 3- Sell the shares at a profit or loss This...
One of the best approaches to mastering our option-selling trades is to analyze our executed trades and identify and learn from the positives and negatives. This podcast will evaluate a series of trades executed by a BCI member with CLX. Topics discussed in this...
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...
Podcast