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.

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.

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.

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.

The Blue Collar Investor webinar Oct 15th: How to set up a covered call writing portfolio using stock selection, option & position management 

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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.

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.  

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  

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.  

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