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The Blue Collar Investor

The Blue Collar Investor

By Alan Ellman
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.

Website: thebluecollarinvestor.com
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41. Collar Trades When Call Strikes Move Deep In The Money

The Blue Collar Investor

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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
14:58
January 13, 2021
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
09:24
January 13, 2021
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
11:22
January 13, 2021
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
12:46
January 13, 2021
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
14:14
January 13, 2021
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
09:37
January 13, 2021
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
12:23
January 13, 2021
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
12:37
January 13, 2021
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
10:01
January 13, 2021
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
10:48
January 13, 2021
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
12:43
January 13, 2021
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
12:50
January 13, 2021
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
11:18
December 22, 2020
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
09:35
December 22, 2020
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
10:53
December 22, 2020
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
12:07
December 22, 2020
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
10:15
December 7, 2020
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
13:43
December 7, 2020
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
12:27
December 7, 2020
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
11:45
December 7, 2020
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
12:04
November 11, 2020
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
10:28
October 20, 2020
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
08:51
October 20, 2020
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
09:38
October 20, 2020
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
09:04
October 20, 2020
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
12:31
October 20, 2020
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
12:48
October 20, 2020
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
12:39
October 20, 2020
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
14:01
October 20, 2020
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
1:26:09
October 17, 2020
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
14:17
September 9, 2020
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
11:56
September 9, 2020
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
12:04
August 27, 2020
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
1:02:16
August 27, 2020
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
11:45
August 27, 2020
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
09:39
August 27, 2020
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
12:41
August 27, 2020
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
13:28
August 27, 2020
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
12:46
August 27, 2020
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
10:36
August 27, 2020
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/
12:29
July 8, 2020
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/
11:55
July 8, 2020
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/
12:42
July 8, 2020
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/
12:49
July 8, 2020
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/
09:23
July 8, 2020
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/
11:14
July 8, 2020
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/
08:02
July 8, 2020
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/
09:57
July 8, 2020
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/
1:30:40
July 8, 2020
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/
06:44
July 8, 2020
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/
07:32
July 8, 2020
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/
08:02
July 8, 2020