Workshop Agenda:
The Poor Man's Covered Call is a limited risk and limited reward bullish strategy. Further, the Poor Man's Covered Call will perform similar to a long Stock position paired with a Covered Call and a Protective Put (or aka Collar options strategy). A trader (or investor) using this strategy will notice the dramatic difference in the amount of capital (money) needed to implement this strategy as compared to a long stock position with a Collar. This strategy is a great surrogate for a smaller account, traders/investors looking to start trading options and swing traders.
Join Eric "The Wolfman" Wilkinson, former Chicago Board of Trade floor trader and 25 year professional trader, as he explains the nuances of the Poor Man's Covered Call in layman's terms.
BIO: Eric Wilkinson is a veteran floor trader and has been trading financial futures, commodities, stocks, stock indices and options on a variety of products for over 20 years.
You may recognize Eric from CNBC and Fox Business News where he has done commentary.
He has been sought out by several media outlets to debate against some of the brightest minds in the industry, where he debates on topics ranging from economics, geopolitics and market directions.
He is most notable for his comments in Rick Santelli's "Rant Heard Around the World" where he was the first to use the phrase "moral hazard" in connection with the Feds actions surrounding the financial crises of 2008.
Mr. Wilkinson is a professional Trader and he is also an educator with ProTraderStrategies.com. He began his trading career while earning his Finance degree at Ball State University. After graduating, he moved to Chicago to work on the floor of the Chicago Board of Trade where he honed his skills as a trader.
If you are a new trader or have several years of experience and would like to be mentored by Mr. Wilkinson, you can join him for his online classes and webinars by going to ProTraderStrategies.com. He can also be found on twitter @wolfmansblog for his snarky comments
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