Basics of Options Trading Using Covered-Call Writing*
Learn how to generate monthly cash flow by selling options against shares of stock you already own, a strategy known as covered call writing. This low-risk, conservative investment approach is permitted in your self-directed IRA accounts. Hosted by noted covered-call-writing expert, Dr. Alan Ellman, president of The Blue Collar Investor Corp., this Master Class will be a special pro-active two-part seminar:
First, there will be a detailed presentation, with examples, of the three required skills needed to achieve excellence in covered call writing:
- Stock selection
- Option selection
- Position management (exit strategies)
In the second half of the seminar, you will share with the group stocks or ETFs you own or are considering purchasing. The class will then go to real-life options chains to access current premiums and feed this information into the Ellman Calculator to evaluate the amount of cash and percentage returns that can be gleaned from this popular option-selling strategy geared to retail investors. Worksheets will be provided to all participants. Access to free copies of the Basic Ellman Calculator and free DVDs will be distributed to all attendees.
$109 per person if purchased by January 18; $139 per person if purchased after January 18