BCI PODCAST 55  Expiration Dates Versus Expiration Times  Clarifications

BCI PODCAST 55 Expiration Dates Versus Expiration Times Clarifications

Expiration dates define the last time option traders can take action whereas expiration times specify when an option-contract becomes null and void. Understanding the differences can impact how we manage our trades. This podcast also explains the mechanism of the…

Ask Alan #182: How to Interpret a Broker Option Statement

Ask Alan #182: How to Interpret a Broker Option Statement

Alan answers a question posed by Alexander who asks: Hi Alan, I have no idea how to interpret the information provided in my broker statement. What does “Day’s value Change” mean? “Unrealized gain/loss”? How do I use them to manage…

BCI PODCAST 54  Selecting the Best Strike Prices for Our Collar Trades

BCI PODCAST 54 Selecting the Best Strike Prices for Our Collar Trades

A collar trade is covered call writing + a protective put. Slecting the most beneficial call and put strikes will have a critical impact on the success of our trades. This podcast will include a discussion of initial time-value return…

BCI PODCAST 53  ITM Cash Secured Puts  Allow Exercise or Roll the Option?

BCI PODCAST 53 ITM Cash Secured Puts Allow Exercise or Roll the Option?

When using the Put-Call-Put (PCP) strategy, sometimes called the “wheel strategy” and the put strike in in-the-money as expiration approaches, we must decide on whether an exit strategy opportunity exits. Do we roll the option allow exercise or simply close…

BCI PODCAST 52. Making Money Selling Options with Technology Stocks

BCI PODCAST 52. Making Money Selling Options with Technology Stocks

Selling options using large-cap tech companies like Apple or Amazon and many others can be challenging due to the high cost. Using the exchange-traded fund, QQQ, is a great way to accomplish these strategies at a relatively low-cost and still…

BCI PODCAST 51  Timing Our Covered Call Trades

BCI PODCAST 51 Timing Our Covered Call Trades

After buying a stock, should we wait for additional share appreciation before selling the option? A real-life example will; be analyzed using FB showing the potential pros and cons of this approach and the possibility of exit strategy opportunities lost…

ASK ALAN #181 How Delta Factors into our Strike Price Selection

ASK ALAN #181 How Delta Factors into our Strike Price Selection

Alan answers a question posed by Vinh who asks: Alan, I am new member. I would like to ask how much Delta to use to enter a covered call trade for in-the-money strikes to get adequate protection. I am looking…