NaughtyPines

OPTIONS TIP: THE "POOR MAN'S COVERED CALL"

AMEX:SPY   SPDR S&P 500
As I'm waiting to dry some powder out between earnings seasons, I'm boning up on options setup fundamentals (doesn't hurt to go over them now and again), new potential trading setup ideas and the like ... .

I like this one where I just don't feel like tying up the buying power on an ordinary covered call ... . It's basically an uber long diagonal: https://www.dough.com/blog/poor-mans-covered-call

A "poor man's covered call" (PMCC) could potentially be a better, long-term background trade than iron condors in index ETFs since you basically set it up and largely just manage the front month short call. That being said, it ain't cheap to put on (even though it's cheaper than a regular covered call) ... .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out