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Plcb 1842 Form

Plcb 1842 Form

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foreign [Music] this is Alan Alvin the blue collar investor welcoming you to this BCI podcast number 101 titled hitting a double on the last day of a contract and we're going to show you and talk to you about a real life example I used with Invesco QQQ trust which trades on the NASDAQ exchange under the ticker symbol q q now one of the exit strategies that we use in the BCI Community for covet call writing is known as hitting a double so let's start by defining the term hitting a double this is one of our covet call writing exit strategies and we use it when we buy back the call option when the stock price goes down and wait to see if the price then recovers if it does then we could resell the same option in the same contract month with the same cash investment thereby generating two income streams if we were to Envision what a chart pattern would look like when we hit a double we would see the price of the stock declining early in the contract and then recovering so we would have the

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