Trading Justice 341: Poor Man Covered Call

In this episode, we teach the Poor Boy’s Covered Call. PBCC’s are a good strategy to use when you want to build cash flow by selling call options, and you like the idea of trading a covered call, but you don’t have the necessary capital to buy 100 shares on a stock. Think of them as leveraged covered calls. It involves buying a long-term call option and then selling a short-term call option. This is a great strategy, and one you’re going to want to learn.

Before that, we review the markets during our skyline. Trade war news, economic indicators, federal reserve speak, and the end of the quarter are all impacting price action right now. Get our analysis on all the above as we break down the charts and the news for you. Lastly, Mark has a game where Matt and Tim must guess whether a quote came from a politician or a football coach. Will Tim break his losing streak? Tune in to find out