Comments on: Exiting a Covered Call Position Prior to Earnings by Guest Author Laurie Itkin https://www.thebluecollarinvestor.com/exiting-a-covered-call-position-prior-to-earnings-by-guest-author-laurie-itkin/ Learn how to invest by selling stock options. Tue, 19 Mar 2013 20:08:09 +0000 hourly 1 By: Alan Ellman https://www.thebluecollarinvestor.com/exiting-a-covered-call-position-prior-to-earnings-by-guest-author-laurie-itkin/#comment-7566 Thu, 08 Nov 2012 15:21:38 +0000 /?p=7265#comment-7566 Premium members:

A modified version of the BCI ETF Report has been uploaded to your premium site. Look in the “resources/downloads” section of the site for the report dated 11-8-12.

The reason for the modified version is that our office is still without power as a result of the recent hurricane and follow-up snow storm. Once power is restored, we will return to the format that includes charts and graphs. Our stock report will continue in the standard format.

Alan and the BCI team

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By: Alan Ellman https://www.thebluecollarinvestor.com/exiting-a-covered-call-position-prior-to-earnings-by-guest-author-laurie-itkin/#comment-7551 Wed, 07 Nov 2012 17:46:05 +0000 /?p=7265#comment-7551 Running list stocks in the news: ABG:

Asbury Atomotive announced a stellar 3rd quarter earnings report on October 23rd with earnings up 71.4% year-to-year as revenues rose by 14%. ABG boasts positive earnings surprises in 10 of the last 12 quarters with an average beat of 19%. Estimates have risen as well with growth projections of 44.1% and 11% for 2012 and 2013.

This stock is fairly valued as well with a forward PE of 11.8 (under 15 is good value), a price-to-book ratio of 2.5 (under 3 is good value), and a PEG ratio of 0.54 (under 1 is good value). It’s return on equity (ROE) is 22.3% well above its peer group average of 16.8%.

Our premium “running list” shows an industry segment rank of “A”: and a beta of 1.47.

Alan

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By: Alan Ellman https://www.thebluecollarinvestor.com/exiting-a-covered-call-position-prior-to-earnings-by-guest-author-laurie-itkin/#comment-7527 Mon, 05 Nov 2012 12:02:49 +0000 /?p=7265#comment-7527 Running list stocks in the news: SWI:

This great-performer is a stock for investors with a higher risk tolerance. On October 25th, SWI reported a stellar 3rd quarter earnings report with a positive surprise of 14.3% and revenues up 33% year-to-year. Guidance was elevated to reflect a projected 2012 revenue growth of 33% and a 5-year EPS growth rate of 20%. Its ROE (return on equity) stands at 27.2% compared to its industry peers’ 13.5%. Our premium running list shows a mediocre industry segment rank of “C” and a high beta of 1.47.

Alan

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By: Alan Ellman https://www.thebluecollarinvestor.com/exiting-a-covered-call-position-prior-to-earnings-by-guest-author-laurie-itkin/#comment-7509 Sun, 04 Nov 2012 13:40:28 +0000 /?p=7265#comment-7509 In reply to Dave.

Dave,

The short answer is yes. There will be fewer candidates that pass this screen with 6 green ratings on the check list. However, this screen WILL identify those equities and industries that are performing well despite the overall bearish environment in your hypothetical. Fortunately, 2008 was an EXTREME ABBERATION as we normally WILL find a watch list of 40-60 eligible cc writing candidates using our BCI methodology.

Using those eligible stocks and ETFs that do pass our screens, along with appropriate strike selection, proper exit strategy execution and low-beta candidates will assist us in navigating most market conditions. As a disclaimer, I must re-publish the fact that I went into cash in the latter part of 2008 and re-entered early in 2009.

Alan

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By: Dave https://www.thebluecollarinvestor.com/exiting-a-covered-call-position-prior-to-earnings-by-guest-author-laurie-itkin/#comment-7505 Sun, 04 Nov 2012 09:57:19 +0000 /?p=7265#comment-7505 Does a market correction (like the one in 08) effect allot of the smart select ratings?

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By: Barry B https://www.thebluecollarinvestor.com/exiting-a-covered-call-position-prior-to-earnings-by-guest-author-laurie-itkin/#comment-7490 Sat, 03 Nov 2012 20:40:11 +0000 /?p=7265#comment-7490 Premium Members,

The Weekly Report for 11-02-12 has been uploaded to the Premium Member website and is available for download.

Also, be sure to check out the latest BCI Training Videos and “Ask Alan” segments. You can view them at The Blue Collar YouTube Channel. For your convenience, the BCI YouTube Channel link is:

http://www.youtube.com/user/BlueCollarInvestor

Since Earnings Season is in full swing right now, be sure to read Alan’s article, “Constructing Your Covered Call Portfolio During Earnings Season”. You can access it at:

http://www.thebluecollarinvestor.com/constructing-your-covered-call-portfolio-during-earnings-season/

Best,

Barry and The BCI Team

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