The Poor Man's Covered Call [The Ultimate Beginner's Guide] 💵
A new options trading guide on an increasingly popular strategy. Check it out!
Dear readers,
I’ve just published a written guide on a strategy I’ve never covered before:
The Poor Man’s Covered Call [The Ultimate Beginner’s Guide]
The PMCC is a covered call alternative that requires much less capital to trade.
Guide Contents:
While I’ve been away from home and unable to create videos, I’ve been getting back into writing so that I have lots of material to work with when I return home.
I’m excited to begin making videos again.
What content would you like to see on the channel in the coming months?
Let me know!
-Chris
Using the strategy similar to your MSTR strategy I purchased the January 2024 1600 call last week. It's up, at this moment, about $6500. It was up over $10,000 earlier today but has pulled back to its current level. I'm giving some thought to using your "Risk Free" strategy of selling a call several strikes below that one and then putting that premium into another long call; maybe SPX.
"...middle of the Pacific..."??? Without being specific, U.S. Possession or non-U.S.?
Thank you Chris! can you give us an update on how are your MSTR Calls or what have you changed so far?