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BCI PODCAST 56 Selling Deep In The Money Calls to Exit Stock Positions

Watch Video: Listen To Audio Version: Covered call writing can be leveraged to exit stock positions to mitigate losses or to enhance gains. As long as there is a time-value component to the option premium, we can benefit from this approach. A real-life example with iShares MSCI Brazil (EWZ) is used to explain the strategy […]

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BCI PODCAST 55 Expiration Dates Versus Expiration Times Clarifications

Watch Video: Listen To Audio Version: Expiration dates define the last time option traders can take action whereas expiration times specify when an option-contract becomes null and void. Understanding the differences can impact how we manage our trades. This podcast also explains the mechanism of the Options Clearing Corporation (OCC) and details how and when […]

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BCI PODCAST 54 Selecting the Best Strike Prices for Our Collar Trades

Watch Video: Listen To Audio Version: A collar trade is covered call writing + a protective put. Slecting the most beneficial call and put strikes will have a critical impact on the success of our trades. This podcast will include a discussion of initial time-value return goal range, option-chain evaluation and calculators that will assist […]

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BCI PODCAST 53: ITM Cash-Secured Puts: Allow Exercise or Roll the Option?

Watch Video: Listen To Audio Version: When using the Put-Call-Put (PCP) strategy, sometimes called the “wheel strategy” and the put strike in in-the-money as expiration approaches, we must decide on whether an exit strategy opportunity exits. Do we roll the option allow exercise or simply close the option and move to a different underlying? All […]

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BCI PODCAST 52. Making Money Selling Options with Technology Stocks

Watch Video: Listen To Audio Version: Selling options using large-cap tech companies like Apple or Amazon and many others can be challenging due to the high cost. Using the exchange-traded fund, QQQ, is a great way to accomplish these strategies at a relatively low-cost and still have the large-cap tech presence. Option-chains, calculators and annualized […]

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BCI PODCAST 51 Timing Our Covered Call Trades

Watch Video: Listen To Audio Version: After buying a stock, should we wait for additional share appreciation before selling the option? A real-life example will; be analyzed using FB showing the potential pros and cons of this approach and the possibility of exit strategy opportunities lost when increasing the risk in this low-risk strategy. BECOME […]

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BCI PODCAST 50 Exit strategies Must Be Timed Properly

Watch Video: Listen To Audio Version: To become an elite option-seller, we must master the 3-required skills… stock selection, option-selection and position management. With exit strategies, not only do we have to know which ones will enhance the current trade status but also how and when to implement them. This podcast will show a real-life […]

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BCI PODCAST 49 Analyzing a Multi Leg Covered Call Rolling Down Series of Trades

Watch Video: Listen To Audio Version: Exit strategies can turn losing trades into profitable ones. This podcast will show a real-life example with NIKE Corp. (NYSE: NKE) where Alan rolled down twice in the latter part of a contract and put cash in his pocket on a stock that declined in value. The 20%/10% guidelines […]

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BCI PODCAST 48 Rolling Deep OTM Cash Secured Puts

Watch Video: Listen To Audio Version: When stock price moves up, put value moves down. After selling an OTM cash-secured put, if share price appreciates significantly, we can close it for a small percentage of the original option sale. This podcast focuses in on whether it makes sense to roll that option up to a […]

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BCI PODCAST 47 Rolling Up in the Same Contract Month

Watch Video: Listen To Audio Version: Position management is a critical aspect of covered call writing success. The key is to identify when these opportunities present and how and why to implement them. There are times when no action is the best choice. In this podcast, a real-life example with KMX is used to show […]

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