Aug 23 2008
Trucking Firms – A Contrarian Trade
An interesting trade idea that I just came across is a Covered Call on YRC Worldwide (YRCW). The trucking industry has had a great amount of consolidation and the charts are looking up. This trade is a bit contrarian since it involves being long the U.S. trucking industry, which has been hard hit over the [...]
Aug 23 2008
Making Money with Covered Calls
Covered call writing is the most elementary and conservative of all option strategies. It is so conservative that it is the only option strategy allowed in retirement accounts (IRA).
The best way to look at covered call writing is to look at the option market as a business. The merchandise with which you run your business [...]