Tag: covered call strategy

How to Use Poor Man’s Covered Calls on Lower-Priced Stocks

poor-mans-covered-calls

Poor Man’s Covered Calls  A few months ago I discussed the benefits of selling covered calls for monthly income. And while I am a huge proponent of using covered calls, my preference, particularly when dealing with higher-priced securities, is to use a strategy known as the poor man’s covered call strategy. A poor man’s covered call… Read more »

Trade Idea: Poor Man’s Covered Call in Cameco (CCJ)

poor-mans-covered-calls-cameco

After years in the doldrums, uranium has recently caught the attention of investors. Last week uranium stalwart, Cameco (CCJ) pushed 24.2% higher, thanks to the overwhelming demand for not only the stock, but for call options as well. Here is one example of how I would initiate a position in Cameco using a poor man’s… Read more »

How a Covered Strangle Can Greatly Enhance Your Return

covered-strangle

How a Covered Strangle Can Greatly Enhance Your Return Several weeks ago, I wrote about short strangles and how they offer investors one of the highest-probability strategies on the market. If managed correctly, short strangles are an incredible strategy. But the capital required can be steep, so most investors shy away. Plus, the thought of… Read more »