Selling Your Upside
| The Weekly Income Illusion | I was planning to move on to the other half of the wheel strategy, but there were so many questions and suggestions about covered calls that I thought I should clarify a few things first. A frequent question was: Why not use covered calls on our DITM options? It […]
Covered Calls
| Scratching the Itch | Boredom is the trader’s worst enemy. Sometimes the itch to DO something becomes quite unbearable and you end up doing something stupid. I am speaking from experience here! It has happened to me so many times that I now recognise the symptoms and channel the urge into some action that […]
Income Strategies 2
Covered Calls Income Strategy. What a horrible end to the week! Friday was absolutely dismal, but we will get to that later. First, let’s go through the other ‘income’ option strategies that are quite fashionable at the moment. How Covered Calls Work Covered calls are touted as a great way to create an income on […]