“Selling Cash--Secured Puts To Generate Monthly Cash Flow” will be presented by Alan Ellman, renown author and educator on options.
Selling cash-secured puts is a conservative options strategy geared to retail investors. It is similar to covered call writing with some slight differences. The strategy can be used to generate monthly cash flow, purchase a stock at a discount (in lieu of placing a limit order) and in conjunction with covered call writing to create a multi-tiered option-selling, cash-generating business.
This will be an in-depth presentation (come prepared with two notepads!) covering all three skills needed to become an elite option-seller:
· Selection of the best underlying security
· Selection of the most appropriate option to sell
· Position management (exit strategies)
A Q&A session will follow the presentation
Alan Ellman is President of The Blue Collar Investor Corp and author of three books on the subject of covered call writing, a student investment book now being used as required reading in colleges and highs schools and a recent publication on selling put options. He has also produced several DVD and CD educational programs of the subject of selling options. Over the past few years, Alan has been a frequent guest on financial programs such as Jordan Kimmel’s Voice America Business Radio Program. He has also been a national speaker for The Money Show and the American Association of Individual Investors. Alan also writes columns for iVolatility.com, Investing.com, Traders media and other media outlets. Alan wears many hats as he is also a retired General Dentist, a licensed real estate salesperson, a certified personal trainer and has successfully completed the Series 65-Investment Advisor Rep requirements. Alan’s passion is his desire to educate average retail investors how to become CEOs of their own money using his favorite strategies…covered call writing and selling puts.