The Blue Collar Investor – COVERED CALL WRITING ALTERNATIVE STRATEGY BUNDLE

Covered call writing is a cash-generating strategy that lowers our cost basis thereby improving our opportunities for successful investments. It involves a long stock position (we buy the stock) and a short option position (we sell the call option). The PMCC strategy replaces the long stock positions with long call positions, typically deep in-the-money long-term expiration options known as LEAPS. Because long options cost less than stocks, we are investing less money and the return on our capital increases. As with all strategies, there are pros and cons that must be mastered to determine if this is a proper strategy for our personal risk-tolerance and return goals. This program will highlight in great detail:

• PMCC definition
• Pros and Cons
• Risk/reward profile
• Best stocks and ETFs to consider
• How to construct a PMCC trade
• Hypothetical example
• Multiple real-life examples
• The BCI PMCC Calculator
• Option Greeks
• Position management
• Rolling LEAPS

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