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Evaluating a Series of Multi-Rolling Covered Call Trades: A Real-Life Example with Elevance Health Inc. (NYSE: ELV) – May 30, 2023
In this article, we will analyze a series of covered call trades shared with me by a BCI premium member. These trade executions involve establishing a bullish covered call...
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Analyzing a Covered Call Trade Over 2 Expiration Cycles: A Rea-Life Example with Interactive Brokers Group (Nasdaq: IBKR) – May 22, 2023
Covered call writing exit strategies can involve trade adjustments over 1 or more expiration cycles. This article will analyze a series of trades shared with me by Ken, where...
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Multiple Applications of the Mid-Contract Unwind (MCU) Exit Strategy: A Real-Life Example with Super Micro Computer, Inc. (Nasdaq: SMCI) – May 15, 2023
covered call writing exit strategies allow us to mitigate trade losses and enhance trade profits. On 11/30/2022, Paul shares with me a series of trades he executed with SMCI where a...
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Application of the 20%/10% Guidelines for ITM & OTM Strikes + Registration Form for Thursday’s Webinar – May 08, 2023
One of the key methods to partially automate our covered call writing exit strategy arsenal is to place buy-to-close (BTC), good until cancelled (GTC) limit orders to close our short calls...
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Analyzing a Defensive Turned Aggressive Covered Call Trade: A Real-Life Example with Select Sector SPDR Utilities (NYSE: XLU) – May 01, 2023
When we craft our covered call trades, we must decide if a defensive (in-the-money or ITM calls) or aggressive (out-of-the-money or OTM) position should be established. We base this on overall...
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The Poor Man’s Covered Call: How to Re-Structure a Potentially Losing Trade into a Winning One – April 24, 2023
The Poor Man’s Covered Call is a covered call writing-like strategy where a LEAPS option is used as a surrogate for the actual stock or exchange-traded fund (ETF). When structuring our PMCC trades, we...
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Understanding the Math When Rolling ITM Covered Calls Out-And-Up: A Real-Life Example with Utilities Select Sector SPDR Fund (NYSE: XLU) + Save the Date May 11th – April 17, 2023
All strategies, including covered call writing and selling cash-secured puts, have their pros and cons. The same holds true for the exit strategies associated with them. Several of our...
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How to Record & Calculate ITM Covered Call Trades that Become OTM Trades – April 10, 2023
To properly analyze our covered call writing and put-selling trades, we must accurately record each step of the trades such that initial and final results are accurate. In this article, a...
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Establishing Our Option Portfolios in the Heart of Earnings Season – April 04, 2023
Populating our covered call writing and put-selling portfolios during earnings season can be challenging but nothing we can’t overcome. This article will provide ideas as to how to craft...
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Technical Analysis for Options: A Real-Life Example with Deckers Outdoor Corp. (NYSE: DECK) – March 27, 2023
In our BCI methodology, we use a 3-pronged approach to screening for our covered call writing and put-selling portfolios: This article will focus in on the technical analysis of...
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