1. This week’s ETF Report has been uploaded to your member site. Login to the member site and scroll down on the left side to access the report.

ETF Report Video Link:

Explanation of the report format:

https://youtu.be/addf7Y54ixwput

2. I’ve attached to premium member emails a 1- and a 3-contract, 12-day cash-secured put trades, using FLEX as the underlying stock. I executed these trades on 4/6/2016, for the 4/17/2026 expirations.
3 contracts were defensive (ITM) and 1 was aggressive (OTM). Significant initial returns and downside protection and upside potential were generated at the onset of the trades. This is an example of the type of defensive laddering of my trades I have been favoring. FLEX closed on Tuesday at $68.21 today, up $0.39 from the starting point. The current price is above both breakeven prices ($66.37 and 59.72), but too early in the contract to make any assessments. As always, I remain prepared to execute exit strategies, if those opportunities arise.

3. Our loyalty pledge to you: Premium members will NEVER experience a rate hike as long as premium member subscriptions remains active … NEVER.

4. New video on rolling options:

https://youtu.be/NbJNaolCNS0

Wishing you the best results,

Alan & the BCI team

This week’s Weekly Stock Screen and Watch List has been uploaded to The Blue Collar Investor Premium Member site and is available for download in the “Reports” section. Look for the report dated 04/02/26.

Be sure to check out the latest BCI Training Videos and “Ask Alan” segments. You can view them on The Blue Collar YouTube Channel. For your convenience, the link to the BCI YouTube Channel is:

https://www.youtube.com/user/BlueCollarInvestor

Barry and The Blue Collar Investor Team

1. This week’s ETF Report has been uploaded to your member site. Login to the member site and scroll down on the left side to access the report.

ETF Report Video Link:

Explanation of the report format:

https://youtu.be/addf7Y54ixwput

2. I’ve attached to premium member emails a 3-contract, 4-day cash-secured put trade, using MRVL as the underlying stock. I executed these trades on 3/30/2016, for the 4/2/2026 expirations (4-days). Friday is a market-recognized (Good Friday) holiday. Significant initial returns and downside protection were generated at the onset of the trades. This is an example of the type of defensive trades I have been favoring. MRVL closed at $106.71 today, up $17.25 from the starting point. The huge 3-day share appreciation allowed me to roll-up the put strike on Tuesday from $82.00 to $90.00 and again today (Wednesday) from $90.00 to $98.00. This generated 2 more income streams into my portfolio. The current price is $8.71 above the most recent put strike with 1 trading day remaining. As always, I remain prepared to execute exit strategies, if those opportunities arise.

3. Our loyalty pledge to you: Premium members will NEVER experience a rate hike as long as premium member subscriptions remains active … NEVER.

4. Have you seen my 2nd video on Wartime Option Strategies? This one is on covered call writing:

https://youtu.be/Z0SonSFCTN4

Wishing you the best results,

Alan & the BCI team

Bas,

For portfolio overwriting, share retention is a requirement. This makes strike selection critical.

The metrics I use for strike selection are delta and implied volatility (IV), both of which can be utilized to measure the risk of exercise without exit strategies. BCI has developed a spreadsheet which has a conversion formula which will take the ATM IV from an option chain and convert it to one specific for the contract in question, which will then deliver a trading range, which can be based on 1- or 2 standard deviations.

When we include exit strategies (buying back an ITM call prior to contract expiration), the risk of exercise becomes < 1%. Bottom line: The metrics I use for Portfolio Overwriting are delta and IV. One more important point: It is critical to avoid earnings report dates and ex-dividend dates (if this applies) to manage PO trades. Alan

When it comes to Covered Call Writing for the long term it is often referred to as portfolio overwriting.

When you use this strategy, do you use RSI as a measurement? Do you find it useful or not?

My thoughts on this: Why not sell only CC’s when the stock has a high RSI? Much more premium and a good chance of keeping the stocks?

Furthermore: In your research you do not use Bollinger bands. Can you explain why?

Would be great if you can share your thoughts on these things.

Thanks in advance and greetings from NL,

Bas

Got it. As I was wondering, it’s a defensive play. Thanks…and thanks for the cash-secured put video too.

John