The Blue Collar Investor

The Blue Collar Investor

By Alan EllmanBusiness
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The Blue Collar Investor episodes

  • 126. Analyzing the Status of a Rolling-Down Trade
    Rolling-down is one of the covered call writing exit strategy opportunities we can benefit from. In this podcast, a real-life example with WSM is examined where a 5% share loss is mitigated down to 0.9%. Calculations using the multiple tab of the BCI calculators is detailed.
    The following links are mentioned at the end of the podcast:
    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

    11 min
  • 124. Dividends and After-Hours News Causing Exercise of OTM Call Strikes
    Implied volatility is critical to our understanding and implementation of our covered call writing and put-selling trades. But, what about IV Rank and IV Percentile. This podcast will define and explain all IV terms and offer perspectives of when and where they have applications.
    The following links are mentioned at the end of the podcast:
    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

    11 min
  • 123. Implied Volatility, IV Rank and IV Percentile Defined and Practical Applications

    Implied volatility is critical to our understanding and implementation of our covered call writing and put-selling trades. But, what about IV Rank and IV Percentile. This podcast will define and explain all IV terms and offer perspectives of when and where they have applications.

    The following links are mentioned at the end pf the podcast:
    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

    12 min
  • BCI PODCAST 122: Should I Roll-Out My Deep In-The-Money Call Option Mid-Contract?
    When a covered call option moves deep in-the-money early in the contract, exit strategy opportunities will present. Should we roll the option out or out-and-up? Should we close both legs of the covered call trade or should we take no action?
    This podcast will evaluate a real-life trade with JD.com, Inc. where all 3 choices will be considered and evaluated. Calculations using our BCI spreadsheets will be used to support eh rationale for our decisions.
    The BCI Package is highlighted at the end of the podcast:
    https://thebluecollarinvestor.com/minimembership/bci-investor-program/
    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
    13 min
  • BCI PODCAST 121: What is a SPAC (Special Purpose Acquisition Company)?
    A SPAC, also known as a "blank check company" is where an IPO is established to raise cash for a future merger with a private company with great growth potential. This podcast defines, Examples are given and guidelines are discussed for investment decisions.
    The BCI Package is highlighted at the end of the podcast:
    https://thebluecollarinvestor.com/minimembership/bci-investor-program/
    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
    11 min
  • 120. Using the Nasdaq-100 Volatility Index (VOLQ) in Covered Call Writing Decisions
    VOLQ measures the imp[lied volatility of the NDX or the Nasdaq 100 Index. This podcast proposes an ultra-low risk strategy based on VOLQ and QQQ, an ETF that consists of 100 of the largest non-financial companies that are listed on the Nasdaq exchange. Although the strategy is ultra-defensive, annualized returns are still significant.
    The BCI Package is highlighted at the end of the podcast:
    https://thebluecollarinvestor.com/minimembership/bci-investor-program/
    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
    15 min
  • 119. Establishing Our Cost-Basis for Long-Term Holdings
    There are 2 distinct cost-basis scenarios for covered call writing:
    1. Trade initiation cost-basis:
    Stock price at the time of the trade for at-the-money and out-of-the-money strikes
    The strike price for in-the-money strikes as we deduct the intrinsic-value of the premium from the stock price
    If we buy a stock for $52.00 and sell the $50.00 call for $3.00, $2.00 is intrinsic-value and that “buys-down” our cost-basis from $52.00 to $50.00, the strike price
    2. How do we determine cost-basis on shares we have owned for long periods of time, probably purchased at a much lower price than current market value?
    A real-life example with Bank of America Corp. is used to highlight the calculations.
    The BCI Package is highlighted at the end of the podcast:
    https://thebluecollarinvestor.com/minimembership/bci-investor-program/
    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
    15 min
  • 118. Adjusting Our Portfolio Mix to Achieve Diversification and Cash Allocation
    An analysis of the Dow 30 stocks is highlighted to show how to diversify by stock, industry and allocate a similar amount of cash per-position.
    The BCI Package (our best and most comprehensive investment package) is mentioned.
    https://thebluecollarinvestor.com/minimembership/bci-investor-program/
    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
    13 min
  • 117. When a Covered Call Strike Moves $1000.00 In-The-Money
    This actually occurred with Amazon.com. This podcast evaluates the initial trade structuring, calculations, viability of rolling the option as well as lessons learned to sharpen our trading skills.
    The BCI Package (our best and most comprehensive investment package) is mentioned.
    https://thebluecollarinvestor.com/minimembership/bci-investor-program/
    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
    14 min
  • 116. How to Execute a Covered Call Trade with a Buy/Write Combination Form

    Covered call writing trades can be implemented in 2 ways. We can use legging-in where the trade is accomplished in 2 distinct trades and with the buy/write combination form where the stock is purchased and the option sold simultaneously with a new debit limit order.
    Both approaches are shown using a real-life example with CORT.

    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

    11 min

About The Blue Collar Investor

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