Last fall I attended a financial seminar and learned about Covered Call. Here are some notes.
- Bye the stock, look to the long-term trend,
- Identify questionable stock in your account.
- Look at the long term trend
- Sell a call on a stock you own
- Identify questionable stock in your account
- Look for an up or neutral trend
- Select a strike price and expiration date
- Sell short term call option on the future position of the stock
- Is your portfolio in need of a fix?
- Evaluate your account holdings
- Check trends and fundamentals
- Check for last yrs.’ performance on all positions
- You may have to sell down trending stocks
- Sell calls on stocks you own that are stalls.
Poor man’s covered calls:
- Don’t have credit to buy the stock?
- Sell a call for cash flow
- Learn your techniques so you don’t have to buy the stock
- ust control the stock.
- Follow Mike’s trades every Tuesdays for conservative and consist approach.
- Quote; I always wanted to be somebody but I should have been more specific. Mr. Potato head.
- Last fall I attended a financial seminar and learned about Brokerage Accounts. Here are some notes.
