Covered Call Income – Extra Earnings from Stocks You Own
Chances are you know that elemental sodium and elemental chlorine are both absolutely deadly. Put some sodium in water and it immediately blazes into white-hot flames. Inhale a few breaths …
Credit Spreads & Iron Condors During Low Volatility Periods
From time to time, the markets will begin a period of unusually low volatility. When this occurs, it can be more difficult to identify attractive income-generating credit spread trades that …
Credit Spread Income: Take Profit Early or Wait Until Expiration?
As it should be, the main trade management focus of “The Monthly Income Machine” is on properly handling the occasional position going the wrong way. But we should also consider …
If You Own Stocks, Do Not Leave Income On the Table!
Guest Article by Stephen M. Bean, M.A. Owning stock certainly has its “ups and downs” (literally). If you own some, I’m sure you’ve likely noticed. Lee’s white paper entitled “More …
Account Money Management – Avoiding Trading Account Death
Okay, perhaps the title is a bit over the top. But, if it gets your attention – for real – it’s worth it. Most investors – especially conservative ones like …
Short a Put Option – You’ll Get Paid While You Wait For a Lower Stock Price
Let’s be clear. Fellow Philadelphian and cheese steak aficionado Jim Cramer may be a great stock picker and market analyst/strategist. But one ingredient SaferTraders will love is missing from his …
Option Stop Loss Orders? There Are Often Better Choices
Over my 30 years as a broker and investor, I have often heard stock, options, and futures traders (who should know better) and brokers (who REALLY should know better) make …
SPY vs. SPX Options: Pros and Cons of ETF vs. Index Options
After 30 years as a stock broker/manager and market educator, I know of no better way to safely generate substantial monthly income (up to 4-8% per month) than through the …