covered calls
How do you find good stocks to buy that have good option
premium prices to sell covered calls.
premium prices to sell covered calls.
On Wed, Oct 19, 2011 at 10:24 AM, Karen Wilson <karenbwilson@sbcglobal.net> wrote:
Hi Karen,
You might be interested in the series of posts Mark Wolfinger did about learning to trade options. Mark answers questions in the Know Your Options blog on our homepage. If you go to this page and scroll down the list to the post on May 24, 2010 titled "Blogging at bivio", you will see all the posts in reverse alphabetical order.
How do you find good stocks to buy that have good option
premium prices to sell covered calls.
Hi Karen,
You might be interested in the series of posts Mark Wolfinger did about learning to trade options. Mark answers questions in the Know Your Options blog on our homepage. If you go to this page and scroll down the list to the post on May 24, 2010 titled "Blogging at bivio", you will see all the posts in reverse alphabetical order.
http://www.bivio.com/know_your_options/mail?n=2
You should also feel free to ask Mark a question directly using this link:
http://www.bivio.com/know_your_options/compose-mail-msg
--
Laurie Frederiksen
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www.bivio.com
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Karen,
1. We have formed a yahoo! Group to learn/discuss Covered
Calls and Cash Secured Puts. The more active you are in
posting questions there, the more you will learn. I welcome
you to join this group. It began with an email list from one
of Mary Ann Davis's courses at Invest Ed 2009 Baltimore.
Often stocks are mentioned there. Mary Ann participates
often, and sometimes posts stocks we can study. Sometimes
other members post stocks to look at and discuss.
http://finance.groups.yahoo.com/group/Conservative-Options_2010/
2. What I do I I screen good stocks via Manifest Investing;
I make a dashboard of quality stock I like. Then I take this
list to Louis Navellier stock grader and create a portfolio
filtering only the A or B Total Grade stocks from my MI
list. (Or sometimes I start with Navellier): free
registration:
http://www.navellier.com/tools_research/log_in.aspx
3. Then I edit my MI dashboard so that it now only has the A
or B Navellier-rated stocks.
4. Then I go to my brokerage (TDAmeritrade) option chain for
each of the stocks, and look at the premiums. I narrow the
list to stocks that will pay $.50/contract at a delta of .27
or lower, unless the stock is under $30, where I might buy
multiple contracts, and then the premium could be
$.35/contract.
5. From that I make an excel spreadsheet and now I have some
stocks I follow. I sort it by earnings date, since I don't
want to sell options into earnings.
This is tedious, but I am still learning and it will get
easier and more efficient.
I would love to hear ideas from others of you, and Karen, I
welcome you to join the Yahoo group and actively ask
questions we all can learn from.
I'm attaching a file from some presentation, but I don't
know how current the list is, or whether the premiums are
good. "Stocks with good options volume."
Etana
member, MicNOVA Model Club of Metro DC, northern VA
etana.finkler@gmail.com
(note my new email address)
1. We have formed a yahoo! Group to learn/discuss Covered
Calls and Cash Secured Puts. The more active you are in
posting questions there, the more you will learn. I welcome
you to join this group. It began with an email list from one
of Mary Ann Davis's courses at Invest Ed 2009 Baltimore.
Often stocks are mentioned there. Mary Ann participates
often, and sometimes posts stocks we can study. Sometimes
other members post stocks to look at and discuss.
http://finance.groups.yahoo.com/group/Conservative-Options_2010/
2. What I do I I screen good stocks via Manifest Investing;
I make a dashboard of quality stock I like. Then I take this
list to Louis Navellier stock grader and create a portfolio
filtering only the A or B Total Grade stocks from my MI
list. (Or sometimes I start with Navellier): free
registration:
http://www.navellier.com/tools_research/log_in.aspx
3. Then I edit my MI dashboard so that it now only has the A
or B Navellier-rated stocks.
4. Then I go to my brokerage (TDAmeritrade) option chain for
each of the stocks, and look at the premiums. I narrow the
list to stocks that will pay $.50/contract at a delta of .27
or lower, unless the stock is under $30, where I might buy
multiple contracts, and then the premium could be
$.35/contract.
5. From that I make an excel spreadsheet and now I have some
stocks I follow. I sort it by earnings date, since I don't
want to sell options into earnings.
This is tedious, but I am still learning and it will get
easier and more efficient.
I would love to hear ideas from others of you, and Karen, I
welcome you to join the Yahoo group and actively ask
questions we all can learn from.
I'm attaching a file from some presentation, but I don't
know how current the list is, or whether the premiums are
good. "Stocks with good options volume."
Etana
member, MicNOVA Model Club of Metro DC, northern VA
etana.finkler@gmail.com
(note my new email address)
