| Poor Man's Covered Call | ||||||||
| ALL THINGS POOR MAN'S COVERED CALL | ||||||||
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 | Poor Man's Covered Call Basics - The LEAPS Purchase Setup | |||||||
| The PMCC LEAPS purchase setup video When implementing the Poor Man’s Covered Call strategy, the selection of the LEAPS call option is critical to both performance and cost-efficiency. It's essential to purchase a deep in-the-money LEAPS call—with a delta of 0.95 or greater—to closely mimic the behavior of the underlying stock while minimizing exposure to time decay. By targeting such high-delta options, investors significantly reduce the extrinsic (time) value premium they pay, thereby lowering the capital at risk and enhancing the strategy’s risk-reward profile. This foundational principle is a key focus of the instructional video and underpins the overall effectiveness of the Poor Man’s Covered Call approach. | ||||||||
 | PMCC - HOW TO ROLL A LEAPS CALL OPTION | |||||||
 | PMCC - START TO FINISH - YINN TRADE | |||||||
 | PMCC - NEGOTIATE LEAPS BID - MID - ASK SPREADS | |||||||
 | PMCC - TEASE THE MARKET MARKER FOR YOUR MID PRICE | |||||||
 | PMCC - ALWAYS NEGOTIATE YOUR LEAPS PRICE - SOXL | |||||||
 | PMCC - WHO PAYS THE DIVIDEND? | |||||||
 | PMCC - UNDERSTANDING TIME VALUE PREMIUM | |||||||
 | PMCC - THE DANGER OF THE DELTA | |||||||
 | PMCC - EXPLAINING THE LEAPS CALL OPTION | |||||||
 | PMCC - EXPLAINING ENTRY POINTS FOR TRADES | |||||||
 | PMCC - EXPLAINING KELTNER CHANNEL ENTRY POINTS | |||||||
 | PMCC TRADE UPDATE - BITX IS A WINNER (so far) | |||||||
 | EXPLAINING WHY I HAD TO CLOSE MY BITX PMCC TRADE | |||||||
 | PMCC - HOW THE DIVIDEND EFFECT YOUR LEAPS | |||||||
 | PMCC - ROC WITH 2X LEVERAGED ETF'S > WARNING | |||||||
 | HOW I LOST -$3,300 ON PMCC DPST TRADE (ROLLED) | |||||||
 | CPT 2024 NEW Poor Man's Covered Call Tracker | |||||||
