In this video, Kurt Frankenberg (founder of RadioActive Trading)discusses a method he developed a few years ago to take premium out of the options market like you can with a covered call, but without the two biggest problems that usually go along with selling covered calls.
During this weekly discussion we:
– Ran a new weekly Search to identify any securities that have weekly options. 10 new securities were added since 2/25/2011: There are now 60 securities that offer weekly options.
This presentation focuses on using the PowerOptions Search tool to identify Long Calls and Long Puts, comments on analyzing a Long Call or Long Put with the Research and Analysis links, using the ‘Optimized Long Option Finder’ (only found on PowerOptions) to evaluate which Long Call or Long Put might give you the best ‘bang’ for your buck, as well as tracking the positions and the PowerOptions Portfolio tools and evaluating potential Roll Out Opportunities or Adjustments using the Position Analysis Screen and Simulate Trade feature.