Ask Alan 229: Can We Use ITM Short Calls with the Poor Man’s Covered Call?

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The PMCC is a covered call writing-like strategy which utilizes deep in-the-money LEAPS options (expiring 9 – 24 months out) as the long position. Short, covered calls are sold against the LEAPS position.

The video addresses the rationale for using out-of-the-money short calls and not in-the-money covered calls with this strategy.

The very important BCI Trade Initialization formula and PMCC Calculator are integral components of this presentation.

Links mentioned in the video:

Best BCI Package:
https://thebluecollarinvestor.com/minimembership/bci-investor-program/

The trade management system:
https://thebluecollarinvestor.com/minimembership/bci-trade-management-system/

The CEO Package:
https://thebluecollarinvestor.com/minimembership/ceo-package/

FIND BCI ON AMAZON
https://amzn.to/Nx2Zqk

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