Live event

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Presentation #1: 2-hour options master class

Thursday October 17, 2024

10:45 AM – 12:45 PMPM

2 Covered Call Writing Strategies

Dividend Capture and A Streamlined Approach 

Covered call writing is a low-risk option-selling strategy which offers investors the potential opportunity to beat the market on a consistent basis and frequently significantly. When we sell options, our cost-basis is lowered. 

This strategy can be crafted to align with various trading styles, goals, and personal risk-tolerances. In this presentation, two such strategies will be analyzed.

Part I: Dividend Capture 

By writing covered calls, leveraging dividend-bearing securities, we set up the potential for three income streams per trade:

• Option premium
• Share appreciation up to the out-of-the-money call strike
• Dividend income

Topics covered in this seminar include:

• Strategy analysis
• Option basics
• What is covered call writing?
• Dividend distribution
• Stock selection
• Option selection
• Trade management

Part II: A Streamlined Approach: The CEO Strategy 

For investors with busy schedules, this may be the perfect strategy. CEO is an acronym for Combining Exchange traded funds with stock Options. Only 11 underlying securities are considered as well as only 4 of our 14 covered call writing exit strategies.

Topics included in this seminar:

• What are the Select Sector SPDRs?
• How to establish a covered call writing portfolio
• What is the role of diversification?
• What is the role of cash allocation?
• Calculating initial returns
• Analyzing each trade in the contract
• Final results
• Next steps

The course is structured to benefit both beginner and advanced option traders, using real-life examples to enhance the learning process.

Presentation #2:

Friday October 18, 2024

8:25 AM – 9:10 AM

Selling Cash-Secured Puts:

A Low-Risk, Income Generating Option Strategy

Selling cash-secured puts is a low-risk option strategy geared to generating cash-flow but always having capital preservation in mind.

This presentation will detail the strategy, incorporating the 3-required skillsets necessary to achieve the highest levels of returns … stock selection, option selection and position management.

If and when we allow exercise of the put options, shares are put to us at a price we agreed upon. What is our next step? This seminar will discuss 3 potential paths we can take and the rationale behind these decisions, using real-life examples.

All Stars of Options Event

Friday October 18, 2024

5:45 PM – 6:30 PM

Portfolio Overwriting: Covered Call Writing Our Buy-And-Hold Stocks

Increasing profits and avoiding tax issues 

Our buy-and-hold portfolios in non-sheltered accounts are generating 8% – 10% per year. Can we increase these yields by selling stock options while, at the same time, dramatically decreasing the probability of our shares being sold to avoid potential tax implications? The answer is a resounding “yes”.

Portfolio Overwriting is a strategy that can benefit millions of investors seeking to enhance portfolio returns using a low-risk covered call writing-like strategy.

Traditional covered call writing will also be discussed to demonstrate comparisons between the 2 strategy approaches.

Topics discussed

• Brief review of covered call writing
• Option basics
• What is an option-chain?
• Option selection
• Calculating covered call returns: Real-Life examples
• Portfolio overwriting defined
• Basics of strike selection
• Pros and cons of portfolio overwriting
• Why early exercise is so rare
• Rolling options
• Role of dividends
• Locating ex-dividend dates
• How to avoid early exercise
• Avoiding earnings reports
• Practical applications: Delta, implied volatility, annualized returns
• Real-life examples with calculations
• BCI Trade Management Calculator
• Summary

Register here.