Your an excellent teacher, I’m not in the chat room, I have to go back, and review basics. Had almost given up on learning this skill, you motivated me to continue. Thanks.
When you get started with all of this, it's a bit like 'drinking out of a firehose'. If you are newer to options or coming back after a hiatus, I would recommend the Getting Started with Options series as a great refresher. Here's the link: th-cam.com/play/PL8a6s5nq1lPRcGlhhMLSqx1BK1rttI00R.html&si=sFQp3xBwUOJETftV ^Barb
Hi Barb, I watched Monday 4/24 live and you chose not to redo the short call on BAC but I could not exactly understand why or, I guess, I wonder what set of things would you look for to make the short call reasonable.
If you listen to this one again, I believe I did go through my rational. It was uptrending and so we decided to wait until it got closer to a resistance level where we might be paid a higher premium for the covered call. I will be reviewing this in the Trading Breakout class on April 24. It will be the first or second stock we look at. You might want to check it out. ^Barb
Lots of lightbulbs went off in this session for SCV and LPV strategies. Thanks so much for your instruction!!!
You're welcome. So glad it helped. Keep coming back! ^Barb
Your an excellent teacher, I’m not in the chat room, I have to go back, and review basics. Had almost given up on learning this skill, you motivated me to continue. Thanks.
When you get started with all of this, it's a bit like 'drinking out of a firehose'. If you are newer to options or coming back after a hiatus, I would recommend the Getting Started with Options series as a great refresher. Here's the link: th-cam.com/play/PL8a6s5nq1lPRcGlhhMLSqx1BK1rttI00R.html&si=sFQp3xBwUOJETftV ^Barb
Hi Barb, I watched Monday 4/24 live and you chose not to redo the short call on BAC but I could not exactly understand why or, I guess, I wonder what set of things would you look for to make the short call reasonable.
If you listen to this one again, I believe I did go through my rational. It was uptrending and so we decided to wait until it got closer to a resistance level where we might be paid a higher premium for the covered call. I will be reviewing this in the Trading Breakout class on April 24. It will be the first or second stock we look at. You might want to check it out. ^Barb