The Blue Collar Investor

May 12 2024 127 ep. 13 mins 32
The Blue Collar Investor Podcast artwork

Learn how to invest by selling stock options. Alan Ellman guides us through his system of options trading so you too can become - CEO Of Your Own Money. Website: https://thebluecollarinvestor.com

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126. Analyzing the Status of a Rolling-Down Trade

May 12 2024 10 mins  
Rolling-down is one of the covered call writing exit strategy opportunities we can benefit from. In this podcast, a real-life example with WSM is examined where a 5% share loss is mitigated down to 0.9%. Calculations using the multiple tab of the BCI calculators is detailed. The following links are mentioned at the end of the podcast: Premium Membership: ⁠https://www.thebluecol

124. Dividends and After-Hours News Causing Exercise of OTM Call Strikes

Apr 17 2024 10 mins  
Implied volatility is critical to our understanding and implementation of our covered call writing and put-selling trades. But, what about IV Rank and IV Percentile. This podcast will define and explain all IV terms and offer perspectives of when and where they have applications. The following links are mentioned at the end of the podcast: Premium Membership: ⁠https://www.thebl

123. Implied Volatility, IV Rank and IV Percentile Defined and Practical Applications

Apr 03 2024 11 mins  
Implied volatility is critical to our understanding and implementation of our covered call writing and put-selling trades. But, what about IV Rank and IV Percentile. This podcast will define and explain all IV terms and offer perspectives of when and where they have applications. The following links are mentioned at the end pf the podcast: Premium Membership: ⁠https://www.thebl

BCI PODCAST 122: Should I Roll-Out My Deep In-The-Money Call Option Mid-Contract?

Mar 28 2024 12 mins  
When a covered call option moves deep in-the-money early in the contract, exit strategy opportunities will present. Should we roll the option out or out-and-up? Should we close both legs of the covered call trade or should we take no action? This podcast will evaluate a real-life trade with JD.com, Inc. where all 3 choices will be considered and evaluated. Calculations using our B

BCI PODCAST 121: What is a SPAC (Special Purpose Acquisition Company)?

Mar 06 2024 10 mins  
A SPAC, also known as a "blank check company" is where an IPO is established to raise cash for a future merger with a private company with great growth potential. This podcast defines, Examples are given and guidelines are discussed for investment decisions. The BCI Package is highlighted at the end of the podcast: https://thebluecollarinvestor.com/minimembership/bci-investor-pr

120. Using the Nasdaq-100 Volatility Index (VOLQ) in Covered Call Writing Decisions

Feb 22 2024 14 mins  
VOLQ measures the imp[lied volatility of the NDX or the Nasdaq 100 Index. This podcast proposes an ultra-low risk strategy based on VOLQ and QQQ, an ETF that consists of 100 of the largest non-financial companies that are listed on the Nasdaq exchange. Although the strategy is ultra-defensive, annualized returns are still significant. The BCI Package is highlighted at the end of t

119. Establishing Our Cost-Basis for Long-Term Holdings

Feb 08 2024 14 mins  
There are 2 distinct cost-basis scenarios for covered call writing: 1. Trade initiation cost-basis: Stock price at the time of the trade for at-the-money and out-of-the-money strikes The strike price for in-the-money strikes as we deduct the intrinsic-value of the premium from the stock price If we buy a stock for $52.00 and sell the $50.00 call for $3.00, $2.00 is intrinsic-value

118. Adjusting Our Portfolio Mix to Achieve Diversification and Cash Allocation

Jan 17 2024 12 mins  
An analysis of the Dow 30 stocks is highlighted to show how to diversify by stock, industry and allocate a similar amount of cash per-position. The BCI Package (our best and most comprehensive investment package) is mentioned. https://thebluecollarinvestor.com/minimembership/bci-investor-program/ Premium Membership: ⁠https://www.thebluecollarinvestor.com/membership/⁠ -----

117. When a Covered Call Strike Moves $1000.00 In-The-Money

Jan 03 2024 13 mins  
This actually occurred with Amazon.com. This podcast evaluates the initial trade structuring, calculations, viability of rolling the option as well as lessons learned to sharpen our trading skills. The BCI Package (our best and most comprehensive investment package) is mentioned. https://thebluecollarinvestor.com/minimembership/bci-investor-program/ Premium Membership: ⁠http

116. How to Execute a Covered Call Trade with a Buy/Write Combination Form

Dec 20 2023 10 mins  
Covered call writing trades can be implemented in 2 ways. We can use legging-in where the trade is accomplished in 2 distinct trades and with the buy/write combination form where the stock is purchased and the option sold simultaneously with a new debit limit order. Both approaches are shown using a real-life example with CORT. Premium Membership: https://www.thebluecollarinve