Dan Sheridan will address an Alternative to a Covered Write Option Strategy by just using Options and not having to buy the stock, which can be very expensive. Dan will address how to pick the vehicle to trade, the strikes to buy and sell, and of course, Risk management when you are wrong.
A Cheaper Way To Do Covered Writes
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Disclosure: Options Trading
Options involve risk and are not suitable for all investors. For more information read the “Characteristics and Risks of Standardized Options” also known as the options disclosure document (ODD). To receive a copy of the ODD call 312-542-6901.Multiple leg strategies, including spreads, will incur multiple commission charges.