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The Blue Collar Investor

The Blue Collar Investor

By Alan Ellman

Learn how to invest by selling stock options. Alan Ellman guides us through his system of options trading so you too can become - CEO Of Your Own Money.

Website: thebluecollarinvestor.com
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Currently playing episode

87. Bear Market Concerns and Our Option Selling Portfolios

The Blue Collar InvestorAug 24, 2022

00:00
12:17
111. Rolling Down on a Sharp Market Decline at the end of a Contract
Sep 28, 202309:57
110. Exit Strategies Are Important But Must Be Timed Properly
Sep 06, 202312:48
109. Delta and Strike Selection for Covered call Writing
Aug 31, 202314:13
108. Establishing Our Cost Basis in a Multi Step Managed Trade
Aug 02, 202314:45
107: Even and Odd Stock Splits Understanding Contract Adjustments
Jul 26, 202312:01
106. "Hitting a Double" with Procter & Gamble: A Covered Call Writing Exit Strategy
Jun 21, 202310:39
105. The Poor Man's Covered Call: Rolling Options
Jun 06, 202312:14
104. Special 1 Time Dividends and Contract Adjustments
May 24, 202309:35
103. The Collar Strategy Using Long-Term Put Expirations
May 03, 202314:56
102. Analyzing Market Assessment Based on Portfolio Setup
Apr 26, 202313:50
101. Covered Call Writing: "Hitting a Double" on the Last day of a Contract
Apr 05, 202309:45
100. Analyzing LEAPS for The Poor Man's Covered call Strategy (PMCC)
Mar 29, 202312:21
99. Anatomy of a Reverse Stock Split

99. Anatomy of a Reverse Stock Split

Various corporate events like stock splits, mergers and acquisitions will results in share price changes that require the Options Clearing Corporation to adjust option contracts such that buyers and sellers of calls and puts are made whole. This podcast focuses in on reverse stocks splits, ther reasons they are approved by corporate boards and the resulting changes in our option contracts. A real-life example with XOP is detailed.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Mar 08, 202309:57
98. Analyzing LEAPS Options for the Poor Man's Covered Call
Feb 22, 202312:11
97. Managing Our Poor Man's Covered Call Trades When Share Price Drops Substantially

97. Managing Our Poor Man's Covered Call Trades When Share Price Drops Substantially

Exit strategies for our option-selling trades is a critical aspect for successful investing. When there is a precipitous drop in share price such that it is trading below the (once) deep in-the-money LEAPS strike, we can close the entire position or roll-down to lower but still out-of-the-money short call strikes. This video will provide a real;-life example as how to manage such a scenario.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Feb 02, 202313:24
96. Protecting Our Covered Call Trades: Protective Puts and In-the-Money Strikes
Jan 25, 202314:16
95. Covered Call Writing to Generate Premium and Dividend Income

95. Covered Call Writing to Generate Premium and Dividend Income

A covered call writing strategy can be crafted to generate 3 income streams:
1. Option premium
2. Share appreciation when using out-of-the-money call options
3. Dividend income
This podcast will focus in on TLT a treasury-based exchange-traded fund that generate 12 dividends per calendar year. There will be discussions on option-chains, ex-dividend dates and calculation returns.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Jan 04, 202311:14
94. Covered Call Writing Net Debit Limit Orders

94. Covered Call Writing Net Debit Limit Orders

Covered call trades can be executed by "legging-in" which is buying the stock and selling the call option in 2 distinct trades. This podcast will discuss another way to enter a covered call trade using a "buy-write combination form" where the 2 legs are executed simultaneously using a "net debit limit order" A real-life example with MDC will be used to highlight the process.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Dec 20, 202209:48
93. WHEN CALL STRIKES MOVE DEEP ITM EARLY IN A CONTRACT

93. WHEN CALL STRIKES MOVE DEEP ITM EARLY IN A CONTRACT

After entering a covered call trade and share price accelerates substantially, the strike is deep ITM. There are 3 potential paths to follow which are explored in this video: 1. The mid-contract unwind exit strategy 2. Rolling the option 3. Take no action and "allow" assignment A real-life example with Black Rock Inc. is used to highlight the strategies.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Dec 07, 202211:57
92. Selling Deep OTM Cash-Secured Puts to Create High-Probability Returns

92. Selling Deep OTM Cash-Secured Puts to Create High-Probability Returns

Using weekly deep out-of-the-money cash-secured puts with Deltas of less than 10 can generate significant annualized returns with greater than 90% probability of success. This podcast uses a real-life example from one of Alan's portfolios with Apple Computer that incorporates both initial structuring and exit strategy implementation.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Nov 22, 202212:26
91. Portfolio Overwriting Analyzed

91. Portfolio Overwriting Analyzed

When seeking to generate additional income by writing covered calls on long-term buy-and-hold securities, there is a specific approach we use for covered call writing. Strike selection and position management are specific to our strategy goals. This podcast uses a real-life example with Apple Computer to show strike selection and exit strategy execution if the strike is in-the-money as expiration approaches.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Nov 04, 202214:32
90. Entering a Collar Trade

90. Entering a Collar Trade

This podcast will detail the 3 legs of a collar trade and how to determine the best option strike prices to use. The calculations will be shown using the BCI Collar Calculator which will show maximum gain and loss. A real-life example with SLV will be used to bring home the essential information.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Oct 26, 202211:41
89. Am I Losing Money When I Buy Back My Deep ITM Covered Call Options?

89. Am I Losing Money When I Buy Back My Deep ITM Covered Call Options?

Closing a deep ITM call option may appear quite expensive on the surface. However, when we break down the calculations and evaluate both legs of a covered call trade, the results may tell a different story. A real-life example with SolarEdge Technologies, Ind. (SEDG) is used to demonstrate such a situation. BCI calculators are used to explain the details At the end of the presentation, free resources on the BCI site


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Oct 05, 202210:20
88. Creating a Portfolio of Weekly Cash-Secured Puts

88. Creating a Portfolio of Weekly Cash-Secured Puts

Whether we are seeking to generate significant cash-flow or to buy a stock at a discount, selling put options can be an enticing low-risk strategy This podcast will detail the reasons we should consider selling cash-secured puts using a real-life example with Square, Inc. (SQ) by selling weekly out-of-the-money cash-secured puts. Calculations will be highlighted using a BCI spreadsheet.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Sep 14, 202210:24
87. Bear Market Concerns and Our Option Selling Portfolios

87. Bear Market Concerns and Our Option Selling Portfolios

Our option-selling portfolios can be crafted to all market conditions. This podcast will address the structuring techniques we can use in challenging market conditions. These will include strike price selection, Beta decisions, implied volatility decisions, the use of ETFs, the incorporation of protective puts and the PCP (wheel) strategy.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Aug 24, 202212:17
86. How to Use Technical Analysis and Market Assessment for Strike Selection

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 to provide guidance as to the way to make the most appropriate option strike price choices.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Aug 10, 202209:52
85. Automating the 20% /10% Guidelines for Covered Call Writing

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 into a profitable one.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Jul 27, 202208:55
84. Analyzing and Calculating Multi Leg Rolling Down Covered Call Trades

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 into a profitable one.


BECOME A BCI MEMBER TODAY:
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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Jul 13, 202211:47
83. Setting Up a Portfolio of Nasdaq and S&P 500 Stocks in a User-Friendly Manner

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 with graph descriptions and calculations used to re-enforce the rules and guidelines.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Jun 22, 202210:49
82. Risky Stocks Can Result In Challenging Decisions

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 the mid-contract unwind exit strategy with Axsome Therapeutics, Inc. (AXSM) is highlighted in the podcast.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Jun 08, 202210:35
81. Managing ITM Covered Call Strikes When Share Price Moves Higher

81. Managing ITM Covered Call Strikes When Share Price Moves Higher

When stock price moves higher in the middle of a contract leaving the short call deep in-the-money, we ask ourselves if an exit strategy opportunity is available. Rolling the option out or closing the entire position at a profit are considerations analyzed in this podcast. A real-life example with TriNet Group, Inc. (TNET) is highlighted Calculations are used to explain the guidelines used in these trading decisions.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

May 25, 202210:18
80. Using the VIX to Achieve Higher Option-Selling Returns

80. Using the VIX to Achieve Higher Option-Selling Returns

Market volatility results in higher option premiums for option-sellers but also represents enhanced risk. This podcast analyzes ways to manage high and low VIX stats using a real-life example with Boyd gaming (BYD). Strike selection, stock selection and initial time-valure return goal range are topics discussed.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

May 11, 202211:41
79. Adjusting Target Goals with ETFs

79. Adjusting Target Goals with ETFs

Exchange-traded funds represent baskets of stocks. They are generally less volatile than individual stocks and therefore provide lower option premiums. When defining our initial time-value return goal range, we must factor this in so as to properly manage our portfolio results. A real-life example with SPDR% S&P Homebuilders ETF (XHB) will be used to highlight these scenarios.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Apr 27, 202209:11
78. REITS: Good Covered Call Writing Candidates?

78. REITS: Good Covered Call Writing Candidates?

option-sellers may be attracted to the high dividend yield of real estate investment trusts (REITs).This podcast addresses portfolio diversification, dividend yield, implied volatility and calculations while using PennyMac Mortgage Investment Trust (PMC) as a real-life example.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Apr 13, 202208:10
77. Buyers Have Rights and Sellers Have Obligations- Covered Call Writing Explained

77. Buyers Have Rights and Sellers Have Obligations- Covered Call Writing Explained

This podcast analyzes covered call writing from the perspectives of both buyers and sellers. The personal risk-tolerance of the investor will play a major role in determining how our option trades are structured. A real-life example with CarMax, Inc. (KMX) is highlighted with associared calculations.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Mar 09, 202211:04
76. 5 Top Myths and Misunderstandings about Covered Call Writing

76. 5 Top Myths and Misunderstandings about Covered Call Writing

This podcast will debunk 5 of the most common myths associated with covered call writing. Option exercise, stock selection and earnings reports will be part of the presentation.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Feb 23, 202212:07
75. Reverse Stock Splits Understanding Contract Adjustments

75. Reverse Stock Splits Understanding Contract Adjustments

Certain corporate events will result in the Options Clearing Corporations to adjust our option contract components. These include stock splits, mergers and acquisitions, 1-time cash dividends and reverse stock splits.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Feb 10, 202210:51
74. Strike Selection Using Technical Analysis and Market Assessment

74. Strike Selection Using Technical Analysis and Market Assessment

Covered call writing strike selection is based on the technical price chart, overall market assessment, personal risk-tolerance and strategy time-value return goals. This podcast will focus on technical analysis and market assessment. Price charts, calculations and guidelines will be established using a real-life example with Quidel Corp. (Nasdaq: QDEL).


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Jan 26, 202209:03
73. Mid Contract Unwind Exit Strategy at the End of a Contract

73. Mid Contract Unwind Exit Strategy at the End of a Contract

Covered call writing exit strategies will help elevate our returns to the highest possible levels. The mid-contract unwind exit strategy is usually reserved for early-to-late in a monthly contract but there are scenarios when it has application late in a contract. This podcast discusses how COVID-19, implied volatility and preparation resulted in an additional $900.00 monthly profit.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Jan 12, 202208:53
72. Rolling Covered Call Options on Expiration Friday

72. Rolling Covered Call Options on Expiration Friday

When our covered call strikes are in-the-money as expiration approaches, we can avoid exercise by rolling the option. We can roll-out to the next month same strikes or roll-out-and-up to the next month higher strike. We always roll-out to an in-the-money strike but can roll-out-and-up to an in-the-money, at-the-money or out-of-the-money. BCI calculators will run the returns gleaned from option-chain information.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Dec 08, 202115:42
71: Dividend Yield Should Be a Secondary Factor for Covered Call Writing

71: Dividend Yield Should Be a Secondary Factor for Covered Call Writing

The BCI methodology screens stocks for option-selling using fundamental analysis, technical analysis and common-sense principles (like minimum trading volume). Using high dividend yield as a primary selection factor can be enticing but can also lead to poor trading decisions. This podcast will use MPLX as real-life example to detail this important concept.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Dec 02, 202110:22
70. COMPARING CALL AND PUT SELLING STRATEGIES

70. COMPARING CALL AND PUT SELLING STRATEGIES

Covered call writing and selling cash-secured puts are both outstanding low-risk approaches to generating cash flow. These strategies are similar but not precisely the same. This podcast will feature the pros and cons of each strategy as well as calculations using the BCI covered call (Ellman) calculator and the BCI Put-Selling calculator. A real-life example with Paylocity Holding Corp. (PCTY) will detail the facts.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Nov 10, 202112:10
69. Technical Analysis with The Wendy's Company NASDAQ WEN

69. Technical Analysis with The Wendy's Company NASDAQ WEN

A technical chart gives us insight into a stock's trend and momentum. Certain events can also the technical picture in dramatic ways. In this podcast WEN had a bullish price chart for several months into late2018 to mid- 2019. There was a dramatic turnaround in July 2019 as a result of a positive earnings surprise. This presentation highlights the thought process prior to and after the report.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Oct 27, 202110:33
68. Volatility A Friend or Enemy to Covered call Writers and Put Sellers?

68. Volatility A Friend or Enemy to Covered call Writers and Put Sellers?

High implied volatility means higher premiums but also greater risk. This podcast analyzes lessons learned after the crash of 2008 as well as the corona virus crisis of 2020. Implied volatility stats and comparison charts are utilized to provide clarity to this important issue.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Oct 13, 202111:56
67. Should We a Short Put to Help Fund a Collar Trade?

67. Should We a Short Put to Help Fund a Collar Trade?

When we add a protective put to a covered call trade we now have a collar trade. There are 3 legs to this trade: long stock, short call (the ceiling) and long put (the floor). Since we pay for the protective put insurance, our returns will suffer. This podcast evaluates the impact of selling a put to help fund the protective put. Pros and cons are analyzed using Nvidia Corp..


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Sep 29, 202111:60
66. Comparing the Cost-To-Close Covered Call Trades with Time-Value Return Goals

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 trade with Facebook, Inc. to study these calculations and explain how they impact our trading decisions. The Elite-Plus calculator is used to assist with the mathematics.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Sep 08, 202112:48
65: The 20%/10% Guidelines for Covered call Writing and Selling Cash-Secured Puts

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 share price and option value as well as the importance of Theta in our trading decisions are incorporated into this podcast.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Aug 25, 202111:08
64. Creating Dividend Like Income for Non Dividend Stocks

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. A real-life example with Paycom Software, Inc.is used to detail the process.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Aug 11, 202110:29
63. Rolling Decisions on Expiration Friday

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 highlight the most important trading decisions..


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Jul 29, 202113:31
62. Should I Unwind My Covered Call Trade 1 Week Prior to Contract Expiration?

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 assist with these decisions. Alibaba (BABA) will be highlighted to explain the process.


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  STOCKS,TRADING,STOCK MARKET,COVERED CALLS,covered call writing,Axsome,Therapeutics,Ellman Calculator,gap-up,cost-to-close,implied volatility,Alpha,Beta,seeking,alpha,cost-basis,time-value,intrinsic- value,put-selling,collar calculator,put calculator,stock option,facebook stock,amazon stock,investing,options,Option,option buyer,strike price,in the money,in the money coverd call,out of the money covered call,covered call writing exit strategies

Jul 14, 202109:26