BCI Trade Management System

This is a unique tool that is used to manage covered call writing and selling cash-secured put trades from start-to-finish. To our knowledge, it’s the only one of its kind anywhere.

The TMS consists of 4 tabs:

• TMC
• TMC user guide
• “What Now Worksheet” tab for covered call writing
• “Unwind Now Worksheet” tab for covered call writing

Each of these sections is divided into 4 sections that flow left to right in the same sequence as we enter and manage our trades:

• Opening trade entries
• Opening trade and total portfolio initial calculations
• Exit strategy trade adjustment entries
• Exit strategy calculations & final combined trade results for both individual trades and total portfolio results.

Both the covered call writing and put-selling sections have a capital adjustment area to ensure the accuracy of the portfolio percent return when executing multiple exit strategies in the same contract cycle with the same cash investment.

At the end of each contract cycle, four pages will be printed by this product:

1. Initial trade entries and individual and total portfolio initial calculations for covered call writing, along with the capital adjustment area.
2. Exit strategy entries for covered call writing, showing individual trade results and the combined trade results for the total portfolio.
3. Initial trade entries and individual and total portfolio initial calculations for cash-secured put, along with the capital adjustment area.
4. Exit strategy entries for cash-secured put, showing individual trade results and the combined trade results for the total portfolio.

These pages can be placed in a binder and archived to document all our trades over a specific time frame. They also serve as a learning tool when analyzing the pros and cons of how we managed our trades.

Other author: Management System