When you are getting into the stock market, you must have a plan of which you know when to buy and sell. It is difficult to time the market but if you see a good buying opportunity, then do not miss it! You want to make sure that your money can work as well for you as possible. When talking about option contracts, the same rule applies. Do not buy high when everyone else jumps in on the hype.
- Getting into the stock market is about making your money work as efficiently as possible for you.
- You want to increase your power in the market by people able to buy in at lower prices.
- A large bull run can cause a lot of people to feel as if they are missing out so they jump in.
“Covered call writers enjoy positive results in all but the last of these scenarios and that’s where our position management skills are called upon to mitigate. It is apparent that buying low and selling high on the stock side of our trades is one of our goals and that is why we work so hard to develop a screening process that will throw the odds in our favor for a positive outcome.”