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 […]
Tag: Covered Calls
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 […]
2016 Covered Call Portfolio
My 2016 covered call portfolio finished with a gain of 22.36% for the year. My best week in 2016 was an 8.16% weekly return. My worst week in 2016 was a -8.47% weekly return. I averaged .43% per week. My covered call portfolio consists of regular covered calls, diagonals and different types of hedges against […]
Covered Calls
It is time to delve into one of the main strategies I trade. Those of you who are familiar with covered calls, please do not say “really, covered calls again!” because I do not trade typical covered calls. My portfolio is broken down into a number of different strategies that help to increase my returns […]
Diagonals
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 […]
