Poor man’s covered call strategy is an innovative way to make money through the stock market without investing a lot of money or having to be an expert in financial matters. This type of investing strategy can be both lucrative and low-risk if done correctly. Read on to learn the secrets to profiting from […]
Category: Covered Call
Good place to enter Pfizer (PFE)?
I am really watching Pfizer right now and preparing to enter for my 2023 dividend portfolio. I am not sure they have formed a stable price base right now, which will dictate the type of trade I enter. You might ask, why not just wait? A couple of reasons. First, I want to get the […]
SCHD Trade #2024
On 1/9/23 I entered an SCHD trade in both my conservative portfolio and my new dividend portfolio. I don’t mind the double position because I really like SCHD and I restarted both these portfolios for 2023 and need to get my core positions in. I will probably let it close out in the conservative portfolio […]
GOOG Deep In the Money Covered Call
With the market moving up and into resistance I am trying to stay active without taking a lot of risk. Of course, trying to keep risk down also means taking less profit. As I look at my goals for the 2023 members portfolio, I am up pretty good so far in 2023 and an comfortable […]
Better Way to Enter a Covered Call
Covered calls are probably one of my most used trades. There are lots of different ways I enter one. The three most common are: Starting with a Naked or Cash Secured Put. Buying the stock and selling either a 50 or 70 delta call against it 21 to 45 days out. Buying the stock and […]
Covered Calls – You are Doing it WRONG!
Covered Calls – You are Doing it WRONG! What if we told you everything you have been taught about writing Covered Calls is Wrong! What if we told you, you had been doing it wrong this entire time? Would you listen? Can we convince you there is a better way? If you can give […]