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.  

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.  

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.  

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/   

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.

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.

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.