Poor Boy’s Covered Calls can be a legitimate alternative to the traditional covered call. Today’s video explains how the strategy works and reviews some of the best practices. It ends with a comparison of the poor boy vs. naked puts and explains why I prefer selling puts if seeking cash flow.
Why the top for bond yields could be in.
Team Phoenix lab is getting assigned IWM naked puts today. That means we’re going to become the proud new owners of 100 shares which we will sell covered calls on.
Here’s my favorite tool to build a portfolio and backtest it. You’ll also learn about asset allocation.
You can defend a short strangle/iron condor in a bullish market by rolling up your put/put spread. Here’s how.
On the pitfalls of performance chasing and riding the strategy merry-go-round.
Learn to generate monthly cash flow from the financial markets and how to grow long-term lasting wealth. Tackle Trading is an amazing online community for active traders that is led by seasoned market professionals. Tap into the power of Tackle Trading’s proven trading system and learn how easy it is to make money with the proper coaching and education.