Using The Ellman Calculator to Monitor “Hitting a Double” Results

Using The Ellman Calculator to Monitor “Hitting a Double” Results

Apr 20, 2019 | Covered Call Exit Strategies, Exit Strategies, Option Trading Basics, Options Calculations, Options Trade Execution, Stock Option Strategies, Technical Analysis

One of our BCI covered call writing exit strategies is titled “hitting a double” This opportunity arises when share price declines after a covered call position is opened, short calls are bought back using our 20%/10% guidelines and then the same option is...