Idan,

So pleased you are enjoying trading options. We certainly have that in common.

With volume, we must identify trend, not the specific trading volume. All our stocks that pass our screens have an average trading volume of 250k shares/day or more.

If the trend is holding or increasing, that will confirm the other indicators. If the trend is declining, the term is “negative volume divergence” and could represent a red flag for an impending reversal. Just look at volume trend.

Alan

When you analyze a stock and mention that volume is holding up and therefore confirming what we looking at the MACD histogram and stochastic – what exactly are you looking for on the volume chart? Is there a minimum number of shares you like to see traded daily, or are you mainly looking at the movement of the volume bars over time?

I’m trying to understand how to properly evaluate volume when looking at a chart.

Thank you Alan! I am selling new options every week and enjoying it so much.

Idan

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

***The next ETF report will be published on October 8, 2026 when we return from the Orlando Money Show..

2. I’ve attached to premium member emails an 8-day, 1-contract deep out-of-the-money covered call trade with MRVL, an elite-performing stock at the time of the trade. It was the result of rolling out-and-up the previous week’s trade with MRVL. I executed this trade on 10/2/2026, for the 10/9/2026 expiration. This is an example of an aggressive approach to covered calls. MRVL closed at $284.68 today, up $10.87 from trade entry. The current price is $16.82 above breakeven. With 2 trading days remaining until expiration, the trade is looking good. I am, however, prepared to initiate exit strategy maneuvers, if those opportunities are presented.

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

4. Video: Recent Quasar market interview:

https://x.com/i/broadcasts/1DxleVvDABNKL

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 10/02/26.

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

***The next ETF report will be published on October 8, 2026 when we return from the Orlando Money Show..

2. I’ve attached to premium member emails a 5-day, 1-contract deep out-of-the-money covered call trade with MRVL, an elite-performing stock at the time of the trade. I executed this trade on 9/28/2026, for the 10/2/2026 expiration. This is an example of an aggressive approach to covered calls. MRVL closed at $264.21 today, up $13.98 from trade entry. The current price is $25.67 above breakeven. With 2 trading days remaining until expiration, the stock still has more room to appreciate up to the $270 strike. So far, so good with this trade. I am prepared to initiate exit strategy maneuvers, if those opportunities are presented.

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

4. Video: New Quasar Markets interview:
https://x.com/i/broadcasts/1DxleVvDABNKL

Wishing you the best results,

Alan & the BCI team

Mark,

Excellent thinking.

Yes, SPY has much greater option liquidity and, therefore, more favorable bid-ask spreads and trade executions for us.

Both, of course, have similar implied volatility.

Have a look at the Select Sector SPDRs, ETFs which break down the S&P 500 into 11 categories. This gives up the opportunity to use the best-performing segments of the S&P 500 at the time of our trades.

Alan

Jason,

Glad to help:

Monday, October 5, 2026, at 10:00 am – 10:45 am EST – Workshop
The Collar Strategy: Covered Call Writing with Protective Puts

Monday, October 5, 2026, at 4:50 pm – 5:35 pm EST – Workshop
Selling Cash-Secured Puts: Buy Stocks at a Discount or Generate Monthly Cash Flow

Tuesday, October 6, 2026, at 12:10 pm – 12:40 pm EST – Workshop
Setting Up High-Performance Option Portfolios

Tuesday, October 6, 2026, at 1:00 pm – 1:30 pm EST – Meet and Greet
Meet and Greet and Book Signing with Dr. Alan Ellman

Tuesday, October 6, 2026, at 2:30 pm – 4:30 pm EST – MasterClass
Covered Call Writing as a Supplemental Retirement Income Strategy*