Author: Andy Crowder

Andy CrowderAndy Crowder is a professional options trader, researcher and Chief Analyst of Crowder Options. Formerly with Oppenheimer & Co. in New York, Andy has leveraged his investment experience to develop his statistically based options trading strategy which applies probability theory to option valuations in order to execute risk-controlled trades. This proprietary strategy has been refined through two decades of research and real-world experience and has been featured in the Wall Street Journal, Seeking Alpha, and numerous other financial publications. Andy has helped thousands of option traders learn and implement his meticulous rules-driven options trading strategies through highly attended conferences, one-on-one coaching, webinars, and his work as a financial columnist. He currently resides in Bolton Valley, Vermont and when he's not trading, teaching and writing about options, he enjoys spending time with his wife and two daughters, backcountry skiing, biking, running and enjoying all things outdoors.

Hoping to Keep the Streak Alive…First Bear Call Trade in 2022

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As I’ve stated over and over recently, we’ve had some good fortune since late August using bear call spreads on the major market ETFs. The heightened volatility has allowed us to take on some fairly conservative trades that have thankfully led to some decent profits. And even though I tend to go out 30-60 days… Read more »

Top Earnings Options Plays for the Week (1/10– 1/14)

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It’s that time of year again! Earnings season starts in earnest next week with a few of the big banks due to announce. I’ll be focusing on JPMorgan (JPM) to start off the season, but Citigroup (C) and especially Wells Fargo (WFC), are  also on my radar. As always, I will be posting frequent trades… Read more »

Dogs of the Dow Trades 2022 – Part Four

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Okay, here is the last installment of my Dogs of the Dow trades for 2022. My hope is that you now have a sound understanding as to how I use the poor man’s covered calls strategy. If you have any questions, please feel free to post them in the comments section below. As I said… Read more »

Initial Dogs of the Dow Trades 2022 – Part Three

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I am only going to go over one trade today and will finish up the remaining four Dogs of the Dow trades tomorrow. The trade today is in International Business Machines (IBM). If you wish to read more about the Dogs of the Dow and my options-based approach, or simply look at the prior trades… Read more »

Small Dogs of the Dow Trades 2022 – Part Two

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Today I am going to go over the remainder of the Small Dogs of the Dow. Yesterday, I covered Verizon (VZ) and Dow (DOW). If you wish to see those trades please click here. Also, if you wish to read more about the Dogs and my approach, please check out the prior posts and comments… Read more »

Small Dogs of the Dow Trades 2022 – Part One

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Happy New Year! As I have promised over the past few weeks, I’m going to introduce the new Dogs of the Dow positions over the course of the next few trading days. At the beginning of every calendar year, I make any necessary adjustments needed for my longer-term poor man’s covered call (long diagonal debit… Read more »

A Practical Hedge Strategy as We Start a New Year!

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On Monday I talked a little bit about the inherently bullish poor man’s covered call strategy using an example of a potential upcoming trade in the Dogs of the Dow. Today I want to discuss the exact opposite, a bearish income strategy, or hedge play known as the poor man’s covered put. Most traders, or… Read more »