How To Rotate Capital And Manage A Poor Man’s Covered Call
A Poor Man's Covered Call is a great way to cheaply set up a long position on a stock.
But if the underlying price doesn't go your way and declines you can still reduce your break even point by managing and rotating the short leg of the trade.
This video will show you how to close off the call option that was sold for profit and reopen a new short call leg to hopefully make even more money.
When done properly and in favourable market conditions rotating your capital can add extra digits to your returns on trades.
Enjoy!
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Disclaimer: I am not a financial advisor, this material is for educational purposes only. Please do your own research before making any investment. This video is not sponsored but some links above are affiliate links. They do not cost you anything but I may make a small percentage if you choose to buy a product.
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