Income Strategy Series: Selling Covered Calls for Monthly Income

selling-covered-calls-for-monthly-income

Selling Covered Calls for Monthly Income Investors are constantly seeking the holy grail of income strategies and while one doesn’t exist, selling covered calls and poor man’s covered calls for monthly income might be the closest we have, as investors, to the perfect income strategy. Today, I’m going to focus on selling covered calls for… Read more »

Top Earnings Options Plays for the Week (8/9 – 8/13)

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Here are the top earnings options plays for next week (8/9 to 8/13). Courtesy of Slope of Hope Of the 71 stocks above, I’ve chosen to highlight seven stocks, with highly liquid options in the table below. Earnings season is winding down so we should see less and less opportunities over the next several weeks.… Read more »

The Best ETFs for Options Trading

best-etf-options-trading

The key to finding the best ETFs for options trading centers solely around liquidity. In fact, the foundation for all of your options trading endeavors, regardless of the options strategy, starts with your watchlist of highly liquid options, both stocks and ETFs. We only want to use the most efficient products the market has to… Read more »

Bearish Call Spread Example – Russell 2000 (IWM)

Many of you have asked that I give a bearish call spread example in the iShares Russell 2000 ETF (IWM). I’m not going to get into the weeds on bear call spreads today, but if you wish to learn more about my approach to the bear call spread option strategy, including another bearish call spread… Read more »

Bullish Put Spread Example – S&P 500 (SPY)

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I’ve been receiving a lot of emails about the risk-defined strategies I use, namely bull put spreads, bear call spreads and iron condors. As a result, I’m going to go over several examples this week, starting with a bullish put spread example in SPY. I’m not going to get into the nitty-gritty of the strategy here,… Read more »

What is the Best Stock for Credit Spreads?

best-stock-for-credit-spreads

I’m often asked, “What’s the best stock for credit spreads?” Admittedly, as a quant-based options trader, I’m dumbfounded by the question because it would require me to have a crystal ball, and unfortunately, my crystal ball broke decades ago. So, I can’t answer the question with any accuracy. However, I can tell you how to… Read more »