Options Adjustments · Intermediate FREE

Adjustment Poor Man’s Covered Call

Learn how to manage a Poor Man’s Covered Call as market direction, volatility and time change.

OA
InstructorOptions America
IntermediateCourse level
1 hourCourse duration
Poor Man's Covered Call adjustments course

Adjust the Short Call

Understand the starting position, then learn how rolling the short call up or down changes premium, directional exposure and future profit potential.

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Options America instructor teaching Poor Man's Covered Call adjustments

Protect and Reposition the Trade

Explore protective puts, rolling up and out, and adjustments to the diagonal structure when the original assumptions change.

  • Review the initial Poor Man’s Covered Call setup.
  • Roll the short call up or down.
  • Add protective puts.
  • Roll up and out.
  • Manage the diagonal spread.

Course Content Update

Four lessons have no video in the original WordPress source. They remain in their correct positions and will return after the material is re-edited.