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Stocks & Commodities V. 43:03 (24–28): Benefits Of The “Poor Man’s Covered Call” by John Devcic

Stocks & Commodities V. 43:03 (24–28): Benefits Of The “Poor Man’s Covered Call” by John Devcic

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Benefits Of The “Poor Man’s Covered Call” by John Devcic

Here’s an option trading strategy that can be useful for the retail investor with a modest-sized account who would like to be able to benefit from gains in an underlying stock’s price appreciation without actually owning the stock.

In my recent two-part article in this magazine, titled “Writing Covered Calls,” I discussed the most popular and often-used options strategy, the covered call. There are obvious reasons for its popularity ...
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