4.8 • 1.2K Ratings
🗓️ 15 May 2020
⏱️ 46 minutes
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Show notes: http://optionalpha.com/show179
You've got your prized covered call setup and it's working in your account - now what? How do you manage or adjust the position in different market scenarios? Lucky for you, we are going to review the best-covered call management techniques on today's podcast. And if you think this show is just for stock traders, you'd be wrong, because proper covered call management could be a lifesaver for options traders who get assigned and are forced to deal with stock.
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0:00.0 | Although we generally prefer to trade shorter duration option contracts here at |
0:04.0 | option alpha, those a couple weeks to a couple months out from expiration, there's a |
0:08.8 | whole other classification of option contracts for traders that want to take longer-term exposure or |
0:14.3 | positions. Long-term equity appreciation securities or leaps, as they are lovingly |
0:19.4 | referred to as, helped to nicely combine the need for long-term investing exposure with the flexibility |
0:25.6 | and leverage of option contracts. |
0:27.6 | So we're diving deep into leaps in this week's podcast episode with another guide for |
0:31.4 | traders to help you make the best decision for |
0:34.0 | your specific portfolio. You're listening to the option alpha podcast from |
0:38.4 | option alpha dot com where we show you how to make smarter trades. Learn how the stock market really works and generate consistent monthly income. |
0:47.0 | Now, your host and head trader at option alpha.com, Kirk Du Plus is. All right, everyone. |
0:55.0 | This is Kirk here again from Option Alpha.com, working every single week to make this the most |
0:59.2 | popular investing podcast offered online because it's based on one thing and one thing only and |
1:03.9 | that's helping you consistently play smarter more profitable trades again |
1:07.7 | thank you so much for tuning into today on this episode show number 179 |
1:12.2 | we are going to dive into leap contracts basically |
1:15.4 | hopefully give you your complete guide to understanding what the contracts are |
1:19.4 | potentially how to use them some benefits drawbacks, some pitfalls and rewards leap contracts, and I think you |
1:25.6 | guys will really enjoy this episode because a lot of people have been talking and chatting about |
1:30.2 | leap contracts since the markets have gone through a little bit of a sell-off this year. |
1:35.3 | So now there's been an uptick in, I would say, in the engagement around LEAP contracts and trying |
1:41.3 | to understand how we could potentially use |
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