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 […]
Covered Call – The Strangle Entry When people learn option trading strategies they typically start with the old faithful of option trading strategies, the covered call. Trading a covered call option strategy is one of the foundation option trading strategies that everyone learns. But, what some people do not realize is that a covered call […]
What is the Best Type of Covered Call Trade? This is kind of a trick question because we believe the best type of Covered Call trade is not a Covered Call at all. We prefer to trade Diagonal Option positions instead of a traditional Covered Call. Let’s start with what is a Diagonal Call trade, […]
What is a diagonal option trade? A diagonal is when you purchase calls or puts with different strike prices and expiring at different times. Examples: Purchase a $75.00 call expiring in 6 weeks and sell a $70.00 call expiring in 2 weeks. Purchase a $40.00 put expiring in 2 months and sell a $45.00 put […]
