BCI PODCAST 66  Comparing the Cost To Close  Covered Call Trades with Time Value Return Goals

BCI PODCAST 66 Comparing the Cost To Close Covered Call Trades with Time Value Return Goals

Trading decisions are based on our goals and personal risk-tolerance. We enter our covered call trades with specific initial-time-value return goals and exit based on the cost-to-close as it relates to our initial trade structuring. This podcast uses a real-life…

Ask Alan 186  Using Delta and Implied Volatility to Assess a High Risk Trade

Ask Alan 186 Using Delta and Implied Volatility to Assess a High Risk Trade

Alan answers a question posed by Ron who asks: Alan, TSLA will be added to the S&P on 12/18. Presumably, there will be a lot of rebalance-related buying toward the end of next week. There should also be increased volatility…

BCI PODCAST 65: The 20%/10% Guidelines for Covered call Writing and Selling Cash-Secured Puts

BCI PODCAST 65: The 20%/10% Guidelines for Covered call Writing and Selling Cash-Secured Puts

Position management for option-selling is critical to achieving the highest possible returns. Both covered call writing and selling cash-secured puts have 20%/10% guidelines but are used differently; one for mitigating losses and the other for enhancing gains. The relationship between…

Covered Call Options   ProWriter Test Video

Covered Call Options ProWriter Test Video

Covered Call options Trading Plan software. Free from My Covered Calls. This is a test video so don’t expect too much but it is using real data and is fair dinkum about how to create a trading plan for writing…

BCI PODCAST 64  Creating Dividend Like Income for Non Dividend Stocks

BCI PODCAST 64 Creating Dividend Like Income for Non Dividend Stocks

Covered call writing has a multiplicity of applications depending on strategy goals and personal risk-tolerance. This podcast focuses in on how we can make only 4 covered call trades per year to allow non-dividend stocks to simulate their dividend counterparts.…

Ask Alan 185: Implied Volatility versus Historical Implied Volatility

Ask Alan 185: Implied Volatility versus Historical Implied Volatility

Alan answers a question posed by Dennis who asks: Hi Alan, When you look at implied volatility numbers, do you also look at IV rank and IV percentile? Thanks, Greg BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/ SEE BCI COURSE &…

BCI PODCAST 63  Rolling Decisions on Expiration Friday

BCI PODCAST 63 Rolling Decisions on Expiration Friday

There are multiple exit strategies available to us as covered call writers or put-sellers. In this podcast, 2 such strategies will be discussed using a real-life series of trades with Veeva Systems, Inc. (VEEV). BCI calculators will be used to…

BCI PODCAST 62  Should I Unwind My Covered Call Trade 1 Week Prior to Contract Expiration?

BCI PODCAST 62 Should I Unwind My Covered Call Trade 1 Week Prior to Contract Expiration?

Unwinding both legs of a covered call trade can be motivated both when share price declines or accelerates significantly. This podcast will analyze when it makes sense to take action and how to use the Elite and Elite-Plus Calculators to…

Ask Alan #184 - Strike Price Selections for Collar Trades

Ask Alan #184 – Strike Price Selections for Collar Trades

Alan answers a question posed by Dennis who asks: Hi Alan, I like the idea of adding protective puts to my covered call trades. What is the best way to decide on the best call and put strike prices? Thanks,…

BCI PODCAST 60: Combining ITM Call Strikes & Stock Dividends to Protect in Bear Markets

BCI PODCAST 60: Combining ITM Call Strikes & Stock Dividends to Protect in Bear Markets

The reason covered call writing allows us to beat the market on a consistent basis is that it lowers our cost-basis. In bear and volatile markets we may choose to structure the strategy to provide even greater protection. This may…