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 »
Three Inflation Options Strategies Inflation, inflation, inflation! Every day on my 35-minute drive to drop off my oldest daughter at school, the two of us (one begrudgingly) listen to Bloomberg radio. And for months, the hot topic in the morning for the financial pundits has been inflation, and the various scenarios that could play out.… Read more »
Today I want to discuss how to create a portfolio of Dividend Aristocrats using a poor man’s covered call options strategy. In a market environment shaped by low rates and low yields in the fixed income arena, Dividend Aristocrats using a poor man’s covered call approach might be an attractive alternative for some investors, especially… Read more »
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 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 »
Over the past two weeks I’ve discussed several of the income strategies I like to use in my overall portfolio; covered calls and poor man’s covered calls. Today, I want to focus on how to build out a portfolio using a poor man’s covered call strategy. Now I tend to take a diversified portfolio strategy approach.… Read more »
Poor Man’s Covered Call Strategy Last week 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 »
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 »
The wheel options strategy is an inherently bullish, mechanical, options income strategy known by various names. The covered call wheel strategy, the income cycle, and the options wheel strategy are just a few of the many names that investors use. But one thing is certain, the systematic approach remains the same. More and more investors… Read more »
One of my favorite options strategies is the covered call. Simple, straight-forward and easy to manage. Covered calls allow you to lower the cost basis on stocks you already own or, alternatively, give you the opportunity to generate a steady stream of income. But today, I don’t want to discuss covered calls. I want to discuss what is,… Read more »
You’ll get Andy’s latest trades and takes on the market, along with four free options trading reports, discussing High-Probability Trading, Poor Man’s Covered Calls and more!
