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My Covered Call is Expiring In-The-Money and I Want to Keep My Shares

click ↑ 4 Featured Covered call writers will frequently find themselves in a position where the short call is expiring in-the-money (ITM), while still wanting to use the same underlying shares […]

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Should I Close My ATM Covered Call with 2 1/2 Months Until Contract Expiration?

click ↑ 4 Featured When our covered call writing trades move deep in-the-money (ITM), the time-value cost-to-close approaches (but does not reach) $0.00. In these scenarios, it may make sense […]

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I Made a Lot of Money, So Why Am I Crying?

click ↑ 4 Featured Covered call writing trades have 2 components: we are long the stock and short the option. When evaluating the success or lack thereof for our trades, […]

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Option Greeks Defined and Theoretical Calculations + Premium Membership Pricing Information

click ↑ 4 Featured The option Greeks are a series of calculations that measure the factors that impact our option prices and risk. The Black-Scholes Model can be used to determine the […]

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How to Use the BCI Portfolio Setup Spreadsheet to Craft Our Option-Selling Portfolios

click ↑ 4 Featured When establishing our covered call writing and cash-secured put portfolios, it is critical to factor in stock and industry diversification and cash allocation. Our BCI premium stock […]

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Calculating Our Rolling-Out Trades: 2 Approaches Using the BCI Trade Management Calculator (TMC)

click ↑ 4 Featured When we roll-out our covered call writing trades, the initial strike is in-the-money (ITM) as expiration is approaching and we made a decision to retain the underlying security […]

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Rolling-Up Covered Call Trades in the Same Contract Cycle

click ↑ 4 Featured We enter a covered call writing trade, and share price accelerates exponentially. What exit strategy opportunities are available, if any? This article will discuss the mid-contract unwind (MCU) […]

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Can We Generate Significant Profits Selling Weekly Covered Calls During a 4-Day Trading Week?

click ↑ 4 Featured Some members of our BCI community have expressed to me that meaningful income cannot be generated selling weekly covered call or put options during a holiday-shortened […]

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Selling In-The-Money Cash-Secured Puts to Buy a Stock at a Discount

click ↑ 4 Featured When we sell cash-secured puts, we have 2 possible outcomes. If unexercised, we generate cash flow or, if exercised, we buy the underlying security at a […]

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The Poor Man’s Covered Call Trade Initialization Formula

click ↑ 4 Featured The Poor Man’s Covered Call (PMCC) is a covered call writing-like strategy where LEAPS options are purchased instead of actual stocks or exchange-traded funds (ETFs). Weekly or monthly […]

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