Entering text into the input field will update the search result below

Covered Calls D18 Summary

Dec. 18, 2020 9:35 PM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Special Situations, Options, Portfolio Strategy, Growth

Seeking Alpha Analyst Since 2014

We provide options trading signals with consistent, outstanding returns.

We are nerds who love math, and we have applied our number-nerdiness to investing for years. Calculus is our co-pilot! When we discovered options selling, the light bulb went on. Since then, we have been crushing it, whether the market is good or bad.

Check us out and subscribe at www.NoGuessTrading.com.

Mom and pop operation based in Virginia.


  • For D18 week, we were 12 for 12.
  • The system made 3.3% this week.
  • Last week, the system made 1.3%.
  • The system's goal is 1% per week.
  • Total returns so far of 3.6% in two weeks.

D18 week was 12 for 12

As we roll this system out in a live forward test, we had many positions for D18 week.  All the buy-writes below were entered between 12-7 and 12-16 and all of them expired or were assigned as winners.  The spreadsheet is at the link below:

Covered calls

The system made 3.3%.  Pretty good for one week.

These are boom times.  I am curious how this performs if/when things go south.  I have a plan, of course.

Last week was 2 for 3.

Last week we only had three positions.  Two were winners and one lost (a mere 0.36%).  The wins were 2.86% and 1.27%.  Total return was 1.3%.

Total returns of 3.6% in two weeks.

For two weeks we are 14 for 15 with a total return on a $60,000 trading principle of $2,158 or 3.6%.

What's next?

Stay tuned for Monday when we will announce the trades for D24 week.  Lower premiums this week, so picking will be slimmer.  It will be a good test of the system.

Happy trading!

Analyst's Disclosure: I am/we are long ALL THE STOCKS IN THE SPREADSHEET.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.