“Hitting a Double” With The Procter & Gamble Co. (NYSE: PG) + 15% Holiday Discount

“Hitting a Double” With The Procter & Gamble Co. (NYSE: PG) + 15% Holiday Discount

After entering our covered call writing trades, we immediately enter our 20% buy-to-close (BTC) limit orders. This will automate the process to close our short calls in the first half of a monthly contract should share price decline significantly. This article will...
“Hitting a Double” on the Last Day of a Contract

“Hitting a Double” on the Last Day of a Contract

Exit strategies for covered call writing are critical components to our overall success. One of the strategies available to us is hitting a double. This is where we buy back the short call and wait for the stock price to recover allowing us to re-sell the same option....