Back in 2008 I had a Tesla-sized hole in my account. Not because Tesla existed yet, but because I let a covered call expire exactly in-the-money and woke u…
Covered Call Gamma Risk Management Avoiding Pin Risk
Back in 2008 I had a Tesla-sized hole in my account. Not because Tesla existed yet, but because I let a covered call expire exactly in-the-money and woke u…
In the spring of 2007 I was feeling pretty good about myself. My account had doubled in fourteen months and I was selling covered calls the way most people…
I was sitting in a hotel lobby in Zurich during the 2008 meltdown, watching the Swiss franc rip higher while everything else fell off a cliff. My ADR posit…
Learn about covered call on commodities etf gold silver oil with Mark Yegge’s 50 years of market experience.
In late 2007 I was long a basket of steel names that had ripped from 2004 through the first half of the year. My covered-call premiums were fat, the accoun…
I was sitting at the kitchen table in the spring of 2008 staring at a brokerage statement that had just lost a third of its value. My wife walked by, glanc…
In 2008 I watched my accounts melt 40% in six weeks. Same stocks I had been selling monthly calls against for years suddenly gapped through every strike I …
My broker in 1995 was a 60-year-old veteran who had never sold an option in his life. I was 19 and had been trading covered calls for two years through my …
David V. leaned back in the clubhouse after a quiet nine holes and told me, “Boring makes you rich.” At the time his account was up 47% in fourteen months,…
I was pacing the hotel room in Costa Rica when the markets reopened after the March 2020 lockdown. Dow futures were limit-down. My screen flashed red acros…