Exit Strategies for Covered Call Writing: Making the most money when selling stock options

by Alan Ellman

Exit Strategies for Covered Call Writing covers option management choices like rolling down, rolling out and many others. It has stock and option charts plus option calculations to explain how to best maximize your covered call writing positions.This book reveals the best and most effective procedures to manage your stock option positions. After selling a call option, many investors simply permit the result to run its own course through expiration Friday. This will cost you money! By administering well-thought-out exit strategies, based on sound fundamental and technical principles along with your common sense, your profits will be maximized and your losses will be diminished.Alan Ellman, author of the best-selling Cashing In on Covered Calls, speaks to the average blue collar investors of the world. In a practical and straightforward manner, he offers sound, honest, and easy-to-understand management techniques that will take the mystery out of covered call writing. Inside you will discover and learn -- The key parameters to consider -- Executing exit strategy trades -- Profiting with the Ellman calculator -- And much more

198 pages, Kindle Edition

First published July 15, 2007

Reviews

[Michelangelo Rubino · Rating 5 out of 5]

As the title says, it’s focused on the strategies to use both when the option is running in your favour or against you. In the former case you could increase the initial premium, in the latter you limit the loss. Even if the example are dated 2008, they are still valid. You need some basic knowledge of how covered calls work

[S · Rating 5 out of 5]

Great concept on exit strategies

Beautifully written the concepts of exit stratergy with explicit reasoning. Lots of repetitions but definitely helps to master the technique with so many examples. Never thought options could make so much cash safely!!!

[Martin · Rating 5 out of 5]

Alan's books are good and full of information on covered calls and other options strategies available to every investor, easy to manage and trade. If you want to learn details on managing trades, this is a good book for you.

[Nitin · Rating 5 out of 5]

Good introductory book on covered call
Easy read with good examples.

[Christopher Lopez · Rating 4 out of 5]

Helped clarify what seemed fairly obvious

Put a system in my hand on how to manage existing CC trades. Intuitive and straight forward calculations empower the trader

[zhang ziqian · Rating 1 out of 5]

I feels the content is confusing and sometimes wrong. Feels so bad while reading it.