Comments for The Blue Collar Investor https://www.thebluecollarinvestor.com Learn how to invest by selling stock options. Wed, 24 Jun 2026 21:09:14 +0000 hourly 1 Comment on From In-The-Money (ITM) to Out-Of-The-Money (OTM) Covered Calls: Mitigating Losing Trades by Alan Ellman https://www.thebluecollarinvestor.com/from-in-the-money-itm-to-out-of-the-money-otm-covered-calls/#comment-664188 Wed, 24 Jun 2026 21:09:14 +0000 https://www.thebluecollarinvestor.com/?p=213569#comment-664188 Premium Members:

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 5-day, 2 contract cash-secured put trade with ANET, an elite-performing stock at the time of the trades. These contracts were defensive in structure. I executed these trades on 6/22/2026, for the 6/26/2026 expiration. Since trade initiation, technology has taken a beating. This is an excellent example of the significant protection offered by deep OTM put strikes. ANET closed at $161.74 today, down $7.26 from trade entry. The current price is above the put strike by $9.24 and above breakeven by $9.81. With 2 trading days remaining until expiration, I’m in a decent position to realize the 27.39% annualized return, despite the dramatic share price decline. 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 Quasar Markets interview:

https://x.com/QuasarMarkets/status/2069843950324912223

Wishing you the best results,

Alan & the BCI team

]]> Comment on From In-The-Money (ITM) to Out-Of-The-Money (OTM) Covered Calls: Mitigating Losing Trades by Alan Ellman https://www.thebluecollarinvestor.com/from-in-the-money-itm-to-out-of-the-money-otm-covered-calls/#comment-664186 Wed, 24 Jun 2026 16:03:02 +0000 https://www.thebluecollarinvestor.com/?p=213569#comment-664186 In reply to Donald.

Donald,

Yes, I can include delta in my videos moving forward. Keep in mind that some of my videos (Ask Alan, podcasts) have already been produced are waiting in the queue. Thanks for the suggestion.

The 10% guideline does apply to weekly options, calls and puts.

Alan

]]> Comment on From In-The-Money (ITM) to Out-Of-The-Money (OTM) Covered Calls: Mitigating Losing Trades by Donald https://www.thebluecollarinvestor.com/from-in-the-money-itm-to-out-of-the-money-otm-covered-calls/#comment-664185 Wed, 24 Jun 2026 13:55:24 +0000 https://www.thebluecollarinvestor.com/?p=213569#comment-664185 Alan,

First off good morning.

When you put out these YouTube videos on sample trades,could you mention the delta of the contract? That would help a lot.

Also when you do these one week put trades do you use the 10% rule?

Donald

]]> Comment on From In-The-Money (ITM) to Out-Of-The-Money (OTM) Covered Calls: Mitigating Losing Trades by Barry B https://www.thebluecollarinvestor.com/from-in-the-money-itm-to-out-of-the-money-otm-covered-calls/#comment-664178 Sun, 21 Jun 2026 02:10:30 +0000 https://www.thebluecollarinvestor.com/?p=213569#comment-664178 Premium Members,

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 06/18/26.

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

]]> Comment on The Put-Call-Put (PCP) or Wheel Strategy: A Real-Life Example from Alan’s Portfolio by Alan Ellman https://www.thebluecollarinvestor.com/the-put-call-put-pcp-or-wheel-strategy-a-real-life-example-from-alans-portfolio/#comment-664169 Wed, 17 Jun 2026 20:52:09 +0000 https://www.thebluecollarinvestor.com/?p=213558#comment-664169 Premium Members:

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. The new Blue Chip (Dow 30) Report has also been uploaded to your member site. Go to the “Resources/downloads” section (right side) and scroll down to “B”

2. I’ve attached to premium member emails a 4-day, 2 contract cash-secured put trade with APH, an elite-performing stock at the time of the trades. These contracts were defensive in structure. I executed these trades on 6/15/2026, for the 6/18/2026 expiration. APH closed at $161.11 today, up $4.34 from trade entry. The current price is above the breakeven $144.35 price by $16.76 with 1 trading day remaining until expiration. 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 Quasar Markets interview:

https://x.com/QuasarMarkets/status/2066967445349556316

Wishing you the best results,

Alan & the BCI team

]]> Comment on The Put-Call-Put (PCP) or Wheel Strategy: A Real-Life Example from Alan’s Portfolio by Bob https://www.thebluecollarinvestor.com/the-put-call-put-pcp-or-wheel-strategy-a-real-life-example-from-alans-portfolio/#comment-664164 Sun, 14 Jun 2026 16:06:00 +0000 https://www.thebluecollarinvestor.com/?p=213558#comment-664164 In reply to Alan Ellman.

Alan,

Thanks much for the timely response.

Bob

]]> Comment on The Put-Call-Put (PCP) or Wheel Strategy: A Real-Life Example from Alan’s Portfolio by Alan Ellman https://www.thebluecollarinvestor.com/the-put-call-put-pcp-or-wheel-strategy-a-real-life-example-from-alans-portfolio/#comment-664163 Sun, 14 Jun 2026 15:50:05 +0000 https://www.thebluecollarinvestor.com/?p=213558#comment-664163 In reply to Bob.

Bob,

To calculate the expected trading range using this spreadsheet, use the ATM implied volatility for the expiration date contract you are considering.

The Expected Price Movement Calculator is based on 1 standard deviation, meaning the range calculated will be approximately 68% accurate, with prices falling below the range and above the range 16% of the time. See the screenshot below.

CLICK ON IMAGE TO ENLARGE & USE THE BACK ARROW TO RETURN TO BLOG.

Alan

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