BCI PODCAST 86:  How to Use Technical Analysis and Market Assessment for Strike Selection

BCI PODCAST 86: How to Use Technical Analysis and Market Assessment for Strike Selection

Analyzing overall market conditions along with identifying bullish and mixed technical price charts will guide us to the best price selections for option-selling. This podcast will review market conditions in January 2020 along with an analysis of 2 price charts…

Ask Alan # 197 Should I Buy Back My Call Option to Capture Share Appreciation?

Ask Alan # 197 Should I Buy Back My Call Option to Capture Share Appreciation?

Alan, I bought 100 shares of BHP on 1/11/2022 for $63.08 and sold the 2/18/2022 $65.00 call for $1.46. The stock price is up to $67.99 on 1/19/2022 and the cost-to-close the $65.00 call is $4.40. Given the amount of…

BCI PODCAST 85: Automating the 20% /10% Guidelines  for Covered Call Writing

BCI PODCAST 85: Automating the 20% /10% Guidelines for Covered Call Writing

Exit strategies can dramatically enhance our covered call writing returns. In this podcast, a real-life example with NKE is taken directly from one of Alan’s portfolios where multiple rolling-down exit strategy opportunities were executed. These steps turned a losing trade…

BCI PODCAST 84: Analyzing and Calculating Multi Leg Rolling Down Covered Call Trades

BCI PODCAST 84: Analyzing and Calculating Multi Leg Rolling Down Covered Call Trades

Exit strategies can dramatically enhance our covered call writing returns. In this podcast, a real-life example with NKE is taken directly from one of Alan’s portfolios where multiple rolling-down exit strategy opportunities were executed. These steps turned a losing trade…

Ask Alan 196: Why are We Receiving a Higher Return After Expecting a Lower Return?

Ask Alan 196: Why are We Receiving a Higher Return After Expecting a Lower Return?

Alan, On 2/21/2022, I was looking to trade your 10-Delta ultra low-risk weekly put strategy with Moderna (MRNA). With MRNA at $145.00, I was looking to sell the 2/25/2022 $118.00 put for $1.23. This week, Monday was President’s Day, so…

The Blue Collar Investor Premium Membership Benefits Updated VIDEO

The Blue Collar Investor Premium Membership Benefits Updated VIDEO

We’ve added dozens of benefits to our BCI Premium Membership. This video reviews all the files, resources, reports, videos, books, calculators and discounts offered to our VIP members. Link mentioned in this video: https://www.thebluecollarinvestor.com/membership/

Rolling-Out Trade Entries & Calculations: The BCI Trade Management Calculator

Rolling-Out Trade Entries & Calculations: The BCI Trade Management Calculator

When we roll-out our covered call writing and cash-secured put trades, we close the near-month option and sell the forward month contract expiration. This video will detail how and why to make specific entries to generate accurate and well archived…

BCI PODCAST 83: Setting Up a Portfolio of Nasdaq and S&P 500 Stocks in a User-Friendly Manner

BCI PODCAST 83: Setting Up a Portfolio of Nasdaq and S&P 500 Stocks in a User-Friendly Manner

Diversification is a key requirement for successful option-trading. This podcast details how to set up a portfolio of large-cap tech companies as well as blue-chip companies in a time-efficient manner. The Select sector SPDRs and Invesco QQQ Trust are discussed…

BCI Podcast 82.  Risky Stocks Can Result In Challenging Decisions

BCI Podcast 82. Risky Stocks Can Result In Challenging Decisions

Using highly volatile stocks with covered call writing can result in trade management dilemmas. This podcast will incorporate the pros and cons of high implied-volatility stocks, initial time-value calculations and the time-value cost-to-close decisions when share price accelerates. Analysis of…

Ask Alan 195: Will the Upcoming Dividend Cause My Shares to Be Sold?

Ask Alan 195: Will the Upcoming Dividend Cause My Shares to Be Sold?

Hi Alan, I bought SBLK and sold the 3/18/2022 $29.00 call. The stock closed today (2/26) at $31.76 and there is an upcoming ex-dividend date on 3/2/2022. Will my shares be sold on Monday, the day before the ex-date? Thanks,…