
The Blue Collar Investor
By Alan Ellman
Website: thebluecollarinvestor.com

The Blue Collar InvestorOct 26, 2022

104. Special 1 Time Dividends and Contract Adjustments
Special 1-time cash and equity dividends will result in option contract adjustments. The Options Clearing Corporation (OCC) will make the alterations such that buyers and sellers of calls and put remain "whole" Ticker symbols and deliverables may change or tickers may stay the same while strikes are reduced. 2 real-life examples will help expalin these changes.
Premium Membership: https://www.thebluecollarinvestor.com/membership/
-----
Best Discounted Packages: 1. BCI Package, our Best and most Comprehensive Investment package:
https://thebluecollarinvestor.com/minimembership/bci-investor-program/ 2. TCM Package - BCI Trade Management System: https://thebluecollarinvestor.com/minimembership/bci-trade-management-system/ 3. CEO Package - Includes TMC Package: https://thebluecollarinvestor.com/minimembership/ceo-package/
-------
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/ FIND BCI ON AMAZON http://amzn.to/Nx2Zqk

103. The Collar Strategy Using Long-Term Put Expirations
This podcast discusses the pros and cons when using longer-term put expirations with our collar trades. These are covered call writing trades with additional protective puts. The BCI Collar Calculator will assist with the trade returns which, on the surface, appear impressive but the negatives will also be discussed.
Premium Membership: https://www.thebluecollarinvestor.com/membership/
-----
Best Discounted Packages: 1. BCI Package, our Best and most Comprehensive Investment package:
https://thebluecollarinvestor.com/minimembership/bci-investor-program/ 2. TCM Package - BCI Trade Management System: https://thebluecollarinvestor.com/minimembership/bci-trade-management-system/ 3. CEO Package - Includes TMC Package: https://thebluecollarinvestor.com/minimembership/ceo-package/
-------
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/ FIND BCI ON AMAZON http://amzn.to/Nx2Zqk

102. Analyzing Market Assessment Based on Portfolio Setup
This podcast represents an analysis of the investor's thought process based on examination of the stocks and options selected for this covered call writing portfolio. Included in the podcast are discussions of personal risk-tolerance, implied volatility, initial time-value returns, the "moneyness" of options, price charts and calculations with the Ellman Calculator.
Premium Membership: https://www.thebluecollarinvestor.com/membership/
-----
Best Discounted Packages: 1. BCI Package, our Best and most Comprehensive Investment package:
https://thebluecollarinvestor.com/minimembership/bci-investor-program/ 2. TCM Package - BCI Trade Management System: https://thebluecollarinvestor.com/minimembership/bci-trade-management-system/ 3. CEO Package - Includes TMC Package: https://thebluecollarinvestor.com/minimembership/ceo-package/
-------
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/ FIND BCI ON AMAZON http://amzn.to/Nx2Zqk

101. Covered Call Writing: "Hitting a Double" on the Last day of a Contract
One of our covered call writing exit strategy opportunities involves closing the original option and re-selling it a second time, thereby generating 2 income streams in the same contract month. In the BCI methodology, this is referred to as "Hitting a Double" This podcast shows a real-life example with QQQ on the last day of a contract
Premium Membership: https://www.thebluecollarinvestor.com/membership/
-----
Best Discounted Packages: 1. BCI Package, our Best and most Comprehensive Investment package:
https://thebluecollarinvestor.com/minimembership/bci-investor-program/ 2. TCM Package - BCI Trade Management System: https://thebluecollarinvestor.com/minimembership/bci-trade-management-system/ 3. CEO Package - Includes TMC Package: https://thebluecollarinvestor.com/minimembership/ceo-package/
-------
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/ FIND BCI ON AMAZON http://amzn.to/Nx2Zqk

100. Analyzing LEAPS for The Poor Man's Covered call Strategy (PMCC)
The PMCC allows investors to enter a covered call at a much lower cost than traditional covered call writing. There are pros and cons to this strategy. This podcast will detail how to use Delta to assist in the selection of our long LEAPS position. What is the best Delta to use? What is the required initial trade structuring formula? How do we calculate our returns? All these questions will be answered along with an introduction to the BCI PMCC Calculator.
Premium Membership: https://www.thebluecollarinvestor.com/membership/
-----
Best Discounted Packages: 1. BCI Package, our Best and most Comprehensive Investment package:
https://thebluecollarinvestor.com/minimembership/bci-investor-program/ 2. TCM Package - BCI Trade Management System: https://thebluecollarinvestor.com/minimembership/bci-trade-management-system/ 3. CEO Package - Includes TMC Package: https://thebluecollarinvestor.com/minimembership/ceo-package/
-------
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/ FIND BCI ON AMAZON http://amzn.to/Nx2Zqk

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.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

98. Analyzing LEAPS Options for the Poor Man's Covered Call
The Poor Man's Covered call strategy uses LEAPS options as a replacement for stock and ETF shares. The cost to enter the trade is much lower than using traditional covered call writing. of course, there are pros & cons to this PMCC strategy. This podcast addresses how to select the best LEAPS for our long positions. The presentation will include discussions of Delta, calculations, initial trade structuring and other factors that will guide us to the best strike and expiration decisions.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

96. Protecting Our Covered Call Trades: Protective Puts and In-the-Money Strikes
Covered call writing is a low-risk option-selling strategy that can be crafted into an even more defensive strategy. In this podcast 2 such approaches are discussed. First, adding a protective put to the trade, a strategy known as the "collar" An alternative approach, using in-the-money call options where intrinsic-value gives additional downside protection to our tares will also be presented using a real-life example. Pros & cons to each approach as well as specific calculations are included in this presentation.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BCI Package, our Best and most Comprehensive Investment package: https://thebluecollarinvestor.com/minimembership/bci-investor-program/
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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).
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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..
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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..
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

61. Realized Versus Unrealized Capital Gains (Losses) for Covered Call Writing
There are several types of covered call writing calculations we must understand and not confuse. We have initial trade structuring, final calculations, long stock and short call calculations. Capital gains and losses can be realized or unrealized. A real-life example with Guidewire Software, Inc. (GWRE) is highlighted to explain the details..
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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 include the use of in-the-money call strikes which add an intrinsic-value component to the premium as well as stock dividends. The pros and cons of such an approach is examined in this podcast using a real-life example woth Exxon Mobil (XOM).
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

59. ANALYZING 2 Month and 4-Day Covered Call Trades
When calculating our covered call writing returns, there are 2 sets of computations that shouldn't be confused. One is the calculations we use to make the best trading decisions at any given point in time. The other relates to analyzing the overall success of our trading. A real-life example with XBI is analyzed with the assistance of the ellman Calculator.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

58. Is This Trade a Winner or a Loser?
When evaluating our covered call trades we must understand the difference between “realized” and “unrealized” returns. This podcast will analyze a series of trades with Energy Select Sector SPDR Fund (XLE) which includes initial trade structuring, realized versus unrealized returns and exit strategy opportunity lost
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

57. Evaluation Stock Purchase Price and Breakeven When Rolling Options
There are 2 sets of calculations we must analyze when rolling our covered call options out-and-up. The first is based on making the best trading decisions at any given point in time. The second is when evaluating our overall returns for a series of trades with a particular security. This podcast will use a real-life example with Planet Fitness, Inc. (PLNT) to highlight both sets of calculations.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

56: Selling Deep In-The-Money Calls to Exit Stock Positions
Covered call writing can be leveraged to exit stock positions to mitigate losses or to enhance gains. As long as there is a time-value component to the option premium, we can benefit from this approach. A real-life example with iShares MSCI Brazil (EWZ) is used to explain the strategy
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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 Options Clearing Corporation (OCC) and details how and when an out-of-the-money strikes may be exercised after contract expiration.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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 goal range, option-chain evaluation and calculators that will assist in ouyr trade decisions. A real-life example with Advanced Micro Devices Inc. (AMD) will be examined to explain the methodology.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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 the option and move to a different underlying? All 3 scenarios are evaluated using a real-life example with Intel Corp.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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 have the large-cap tech presence. Option-chains, calculators and annualized returns are the focus of this podcast.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

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 when increasing the risk in this low-risk strategy.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

50. Exit strategies Must Be Timed Properly
To become an elite option-seller, we must master the 3-required skills... stock selection, option-selection and position management. With exit strategies, not only do we have to know which ones will enhance the current trade status but also how and when to implement them. This podcast will show a real-life example with MGM Resorts International (NYSE: MGM) regarding rolling-down covered call writing exit strategies and how we could have improved our results.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

49. Analyzing a Multi Leg Covered Call Rolling Down Series of Trades
Exit strategies can turn losing trades into profitable ones. This podcast will show a real-life example with NIKE Corp. (NYSE: NKE) where Alan rolled down twice in the latter part of a contract and put cash in his pocket on a stock that declined in value. The 20%/10% guidelines and a broker statement are included in the presentation.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

48. Rolling Deep OTM Cash Secured Puts
When stock price moves up, put value moves down. After selling an OTM cash-secured put, if share price appreciates significantly, we can close it for a small percentage of the original option sale. This podcast focuses in on whether it makes sense to roll that option up to a higher strike in the same contract month. The pros and cons of such a maneuver are discussed using a real-life example with Nvidia Corp. (NASDAQ: NVDA).
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

47. Rolling Up in the Same Contract Month
Position management is a critical aspect of covered call writing success. The key is to identify when these opportunities present and how and why to implement them. There are times when no action is the best choice. In this podcast, a real-life example with KMX is used to show calculations evaluating rolling-up in the same contract month. Both versions of The Ellman Calculator are used to demonstrate how to make the best decisions.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

46. Should Delta Be the Sole Criteria for Covered Call Writing Strike Selection
I am often asked, "What Delta should I use for my covered call strikes?" This podcast discusses how strategy goals, not Delta stats, should impact our option strike selections. Initial time-value return goal range, market assessment and personal risk-tolerance are emphasized.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

45. Implied Volatility and Expected price Movement During the Life of Option Contracts
Implied volatility (IV) is a critical concept to option traders. There are some misconceptions regarding the significance of these IV stats. This podcast will define IV and use a real-life example with an exchange-traded fund to show the expected price movement during the remaining 20-days of the option contract.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

44. Can We Use ITM Strikes to Create a No Risk Covered Call Strategy?
This podcast will dissect a proposed no-risk strategy involving closing a covered call trade when share price moves to breakeven. A real-life example with PayPal Holdings, Inc. (NASDAQ: PYPL) is used to consider intrinsic-value, time-value as well as covered call writing calculations.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

43. Converting a Covered Call Trade to a Collar Trade
When share price moves well above a covered call strike, we may decide to lock in a large percentage of the unrealized profit by purchasing a protective put, converting it to a collar trade. This podcast compares this conversion to closing the entire trade. Is there a 3rd choice?.br>
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

42. Why Was My OTM Put Exercised?
Out-of-the-money options are rarely exercised. There are rare exceptions. In this podcast, a real life example with Boeing (BA) is examined where we experienced such an aberration. The mechanics of exercise is discussed and the specific reasons for exercise is explained..br>
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

41. Collar Trades When Call Strikes Move Deep In The Money
The collar trade is covered call writing with the addition of a protective put. This podcast will focus in on a scenario when the stock price moves well above the call strike using a real-life example with TEAM. Trade calculations, trade management and an introduction to the BCI Collar Calculator is detailed in this presentation..br>
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

40. Covered Puts are Not Cash Secured Puts
Retail investors may confuse 2 very different strategies that sound the same. Covered puts is a risky strategy that involves shorting a stock and selling a put option. The trader is obligated to replace the "borrowed" stock and buy the shares at the strike price.
Selling cash-secured puts is a low-risk strategy appropriate for most retail investors that involves selling a put option and placing the appropriate amount of cash in the account to "secure" the put. Hypothetical examples are used to clarify the differences between the 2 strategies..br>
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

39. Using the VIX for Strike Price Selection
Strike price selection for covered call writing and selling cash-secured puts is the 2nd of the 3 required skills. The CBOE Volatility Index or VIX is a key statistic we should evaluate when making these decisions. It should be used in conjunction with overall market assessment, economic data and personal risk-tolerance. This podcast will revue the definition and history of the VIX, analyze its relationship with the S&P 500 and discuss how it may impact our strike price decisions..br>
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

38: Evaluating the Cost-To-Close When a Strike Moves Deep In-The-Money
After entering a covered call trade and the stock price accelerates exponentially, the cost-to-close our position appears prohibitively high. This podcast will use a real-life example with SolarEdge technologies, Inc. (NASDAQ: SEDG) to break down the total premium into time-value and intrinsic-value components and detailing if and when to close and the next=step choices.br>
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

37: Selling the Same Option Twice in the Same Contract Month
After entering a covered call trade, share price may decline jeopardizing the success of our trade. Frequently, we must take action to mitigate. This podcast will focus in on the "hitting a double" exit strategy where the short call is bought back and the same option re-sold for a 2nd income stream in the same month with the same cash investment. The 20%/10% guidelines are explained and applied to a real-life example with SPDR S&P Biotech (XBI).
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

36. Timing Our Covered Call Trades
After a stock is purchased, when is the best time to sell the option? Should we wait for share appreciation to make more money on the trade. This podcasts breaks down the 3 possible outcomes and incorporates the option Greeks into our understanding of how and why to manage our trade timing
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

35. Covered Call Writing with Biotech Companies
Selling options against Biotech companies frequently generate impressive premium returns. This podcast will discuss the relationship between implied volatility and option premium. Option calculations, exit, strategies, and chart analysis will be addressed in this presentation
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

34. Exit Strategy and Final Covered Call Writing Calculations
Calculations made for option-selling transactions and total position profit & loss can be quite different. This podcast examines a hypothetical trade that uses the rolling-down and the mid-contract unwind exit strategies. Calculations are discussed at various points in the trades and the Ellman Calculator assist in our trade decisions.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

33. Rolling Covered Call Trades Out And Up
When our strike prices are in-the-money as expiration approaches and we don't want our shares sold, we must close the current month option and roll to the next month. Rolling can include rolling-out to the same strike or rolling-out-and-up to a higher strike. This podcast breaks down the calculations to show why the total cost isn't the most important stat that should determine our trade decisions. A discussion of time-value and intrinsic-value will be included as well as a discussion of the Ellman Calculator.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

32. Covered Call Writing and Blackjack A Valid Analogy?
Covered call writing and blackjack are certainly different approaches to making money but they do have at least one common thread. Both can be managed to increase returns. Examples of card and trade management are included in this podcast.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

30. What are Cash Secured Call Options?
Option terminology can be tricky. The strategy of cash-secured call options can be confused with cash-secured puts of covered call writing. This strategy will be defined with pros and cons. A hypothetical trade will be established with 4 outcomes analyzed.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

29. How to Structure a Poor Man's Covered Call Trade
The Poor man's Covered call strategy is much more than "covered call writing, but cheaper" The are a multitude of moving parts that must be mastered to be successful. This podcast will focus in on how to set up the initial PMCC trade based on a specific formula and how to use the BCI PMCC Calculator to assist with enhancing the success of our trades.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

28. In the Money Covered Calls to Protect in Bear Markets
Strike price selection is one of our 3 required skills. Choosing in-the-money strikes adds an additional component to our premiums and affords greater downside protection in bear and volatile markets. Calculations are highlighted using the Ellman Calculator
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

27. Using Mean Analyst rating MAR in the Stock Screening Process
Stock selection for option-selling strategies includes fundamental analysis, technical analysis and common-sense principles like minimum trading volume. Adding MAR to this process will add an institutional component that will enhance the screening to even higher level. MAR is defined as well as the ranking system and free sites to locate MAR statistics.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

26. Selling Cash Secured Puts to Lower Cost Basis
Selling out-of-the-money (OTM) cash-secured puts creates an opportunity to "buy a stock at a discount" if the put option is exercised. If unexercised, we generate a monthly cash flow via the option premium. When one of our stocks declines in value, we can lower our cost-basis by selling OTM puts. This podcast will detail such a series of trades with Halliburton Company (HAL).
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

25. “Hitting a Double” with Procter & Gamble Covered Call Writing Exit Strategies
Managing our covered call writing trades is essential to achieving the highest possible returns. In this podcast the "hitting a double" exit strategy will be highlighted with a real-life example with Procter & Gamble. After selling the initial short call, it is bought back when share price declines and re-sold when share price recovers. Specific guidelines as when to close the short call and trade calculations are also included with emphasis on the Ellman Calculator.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

24. Using Covered Call Writing and Stock Dividends in Low Interest Rate Environments
Details a strategy with a potential of 3 income streams for each trade: one from share appreciation, another from stock dividend distribution and a third from option premium. Stock selection will come from the Dow 30, option selection will focus on out-of-the-money strikes and position management will focus in on ex-dividend and earnings report dates.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

23. Covered Call Writing with Weekly Options Portfolio Overwriting with Weeklys
Covered call writing can elevate returns for long-term buy-and-hold portfolios trading in non-sheltered accounts. The use of Weekly options can be especially beneficial in these circumstances. This podcast also introduces the BCI Portfolio Overwriting Calculator.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

22. A Covered Call Writing Alternative to Rolling Up in the Same Contract Month
The mid-contract unwind exit strategy closes an entire covered call trade when the strike moves deep in-the-money and enters a new trade with a new stock in the same contract month.. The key to success includes evaluating the time-value cost-to-close, not the entire premium cost-to-close.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

21. When To Execute Our Option Selling Trades
Covered call writers and put-selling must make timing decisions as to when to enter, manage and roll our option trades. This podcast will discuss these 3 determinations using Theta, or time-value erosion as a backdrop to framing these timing choices.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

How to set up a covered call writing portfolio using stock selection, option & position management
The Blue Collar Investor webinar Oct 15th: How to set up a covered call writing portfolio using stock selection, option & position management
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
FIND BCI ON AMAZON
http://amzn.to/Nx2Zqk
Tags:
non-standard contracts,contract adjustment,reverse stock split,Eldorado Gold,EGO,Beta,intrinsic- value,Ellman Calculator,covered call writing,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,in-the-money strike,portfolio overwriting,technical analysis,moving average crossover,General Electric,GE

20. Rolling Down When There is a General Market Decline
Covered call writing skills include stock selection, option selection and position management. This podcast shows a substantial market decline resulting in stock price depreciation. Buy-to-close limit orders, rolling-down and return calculations are all addressed in this video.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

19. Using the Ellman Calculator to Monitor "Hititng a Double" Trades
Exit strategies for covered call writing include buying back and re-selling the option in the same month with the same stock. The progress of the 3 components of these trades can be monitored using the multiple tab of the Ellman Calculator by changing the net option credit.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

18. Market Assessment Analysis Based on Portfolio Composition
A lot can be gleaned regarding an investor's market outlook based on the positions within the option-selling portfolio. Underlying stocks, option strikes and calculations all play roles in our trade decisions. A portfolio of covered call trades is analyzed and conclusions related to assessment and risk-tolerance are determined
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

Using Stock Dividends & Option Premium To Generate Cash-Flow
In a low interest-rate environment, stock dividends become appealing. But why stop at 1-income stream? Adding covered call writing using out-of-the-money call options will create an opportunity for 3 income streams per trade. This webinar will address stock selection, option selection and position management as it relates to a way to counter scenarios when money can't be made in other venues. Of course, this approach has application in all market situations but especially when stock dividends are triple to quadruple that of the 10-year Treasury.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

17. COMBINING Covered Call Writing and the Stock Repair Strategy
Exit strategy opportunities will help mitigate losses, turn losses into gains and enhance profits. When share price declines, there is a series of position management techniques available to us that can be implemented. This podcast will review a multi-tied exit strategy involving closing the short call of a covered call trade and then using the stock repair strategy to lower the breakeven without putting additional cash into the trade
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

16. VIX Covered Call Writing Selling Stock Options on Market Volatility
Can we take advantage of market volatility and write options on the CBOE Volatility Index? This podcast will address VIX futures contracts, the exchange-traded note (ETN) VXXB, synthetic stock positions as means of taking advantage of market volatility. The big question is whether these products are appropriate for most retail investors.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
covered call writing,put-selling,options,strike price,covered call writing exit strategies,selling cash secured puts,the blue collar investor,Options Trading,Covered Call,short options,strike,bullish trades,buying stock,writing calls,Call Option,trading basics,trading tutorial,stock options,options trading,learn to trade,the stock market,covered calls strategy,covered calls for income,covered calls for beginners

15. Strike Selection When Selling Puts
Identifying strategy goals, initial time-value return goal ranges, market assessment and technical analysis all go into strike price selection when selling cash-secured puts. A real-life example with WWE explores several strike choices and the pros and cons of each strike price. The BCI Put-Selling Calculator is introduced into this podcast.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

14. Analyzing a Covered Call Trade Trade with a 5000% Return
This podcast analyzes a covered call trade which, if closed, would result in a 5000% annualized return. So, why is the investor miserable about this result. There is discussion of exit strategies, calculations, trade interpretation and appropriateness of stock selection in this podcast.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

13. Adding a Short Put To a Collar Trade
When we add a protective put to a covered call trade we now have a collar trade. Since that protective put costs us money, it has been suggested to fund that debit with a short put. This podcast examines the pros and cons of such a strategy approach.
BECOME A BCI MEMBER TODAY:
https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS :
https://thebluecollarinvestor.com/store/
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

12. Mean Analyst Rating MAR
Adding an institutional component to our fundamental, technical and common-sense screens will enhance the quality of our option-selling watch lists. MAR is defined, resources are included and overall analysis is discussed.
BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/
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

11. The Collar Strategy with Long Term Protective Puts
This podcast discusses the pros and cons of using long-term protective puts with short-term call options. The strategy has financial advantages but some drawbacks that must be considered before employing this approach to covered call writing. BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/ SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/

10. Generating Covered Call Writing + Dividend Income
This video discusses a strategy that seeks to generate 3 income streams with the same trade: option-premium, dividend income and share appreciation when using out-of-the-money call strikes. Ex-dividend dates play a major role in the success of our trades and that is a major focus of this presentation. BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/ SEE BCI COURSE & PRODUCTS: https://thebluecollarinvestor.com/store/

9. Timing Our Covered Call Trades
Understanding the option Greeks will help guide us on when to buy a stock, sell an option and prepare for exit strategy opportunities. This podcast will discuss, Theta, calculations and position management opportunities as it relates to trade timing. BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/ SEE BCI COURSE & PRODUCTS: https://thebluecollarinvestor.com/store/

8. Covered Call Writing Risk Reduction
Covered call writing is a low-risk strategy that generates monthly cash-flow. This podcast will discuss 2 approaches to reducing risk even further. The collar strategy (adding protective puts to our covered call trades) and selling in-the-money call options will be analyzed and compared. BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/ SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/

7. Treasury Bond Yields and the Stock market
BCI Podcast 7 Treasury Bond Yields and the Stock market* Treasury bond yields and the movement of the stock market are generally considered to have an inverse relationship. This podcast will discussed the true point where the market is negatively impacted by bond yields based on historical data and chart analysis. BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/ SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/

6. Trade Management with BRKS
BCI PODCAST 6: Trade Management with BRKS* Exit strategy opportunities allow us to mitigate losses and enhance gains. When these events present themselves we must be prepared to take advantage of them. However, we must also be sure that taking action will benefit our trade positions. This podcast will show a series of trades executed by a BCI member which had bot beneficial and unnecessary exit strategy executions.
BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/

5. Improper Timing of our Covered Call Trades Can Lead to lost Opportunities
Learning when to enter stock and option trades along with precise execution of exit strategies will lead to the highest levels of returns. Real-live examples with 3 stocks are highlighted in this podcast.
BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/

4. Managing News Drive Gap Downs
After entering a covered call or put-selling trade and bad news comes out causing share price to gap-down, we must be prepared to take mitigating action. This video reviews the philosophical and practical steps we must take to ensure the highest possible strategy returns.
BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/

Covered Call Writing To Generate Monthly Cash Flow
WEBINAR: Covered Call Writing To Generate Monthly Cash Flow Option Basics and Practical Application Hosted By: Dr.Alan Ellman and Barry Bergman The Blue Collar Investor Corp.
BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/

3. Converting Non Dividend Stocks to Dividend Stocks
How to convert stocks that don't generate dividends into dividend-like securities by writing 4 covered call trades per year. The strategy can also be used to enhance the dividends already generated by the stock.
BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/

2. Why CCW Outperforms Overall Market
Covered call writing allows us to outperform the S&P 500 on a consistent basis. The reasons are simple and straightforward and include incorporating the 3-required skills into an easy-to-use strategy once these skills are mastered.
BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/

1. Hitting a Double" Calculations with The Ellman Calculator
Exit strategies will elevate our covered call writing results to the highest possible levels. This podcast will highlight the "hitting a double" exit strategy which seeks to generate 2 income streams in the same contract month with the same investment. It also demonstrates how the multiple tabs of the Ellman Calculator can monitor these trades.
BECOME A BCI MEMBER TODAY: https://www.thebluecollarinvestor.com/membership/
SEE BCI COURSE & PRODUCTS : https://thebluecollarinvestor.com/store/