Ask Alan 230: How Did I Manage My XLY Rolling-Down Covered Call Trade?

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Rolling-down our covered call options is a trade mitigating technique, where we buy back a strike and sell a lower strike with the same contract expiration date. A real-life trade with XLY is analyzed to show the best strike selection for the roll-down and why. When we roll-down, we should favor OTM strikes to allow for some share price recovery. This is the main learning factor takeaway from these trades Not all our trades will be winning ones, but by using our mitigating exit strategies, our overall results will be at the highest possible levels

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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