Given the current bear market environment, bullish options trading strategies like the poor man's covered call, the regular covered call, the wheel strategy, short puts, etc. have not been performing well. So in this next episode of my live options trading series, we'll take a look at my PMCC trade on SPY which is currently in very bad shape. Specifically, I will demonstrate how you can cut down on your losses with this strategy by selling short calls below your cost basis and taking advantage of option rolling to avoid any potential assignment!

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Chapters:
0:00 Introduction
1:44 SPY PMCC Trade Context
5:25 Performing Damage Control On The PMCC
6:56 How To Avoid Assignment On Short Calls
10:50 Get 10 FREE Stocks With Moomoo
11:55 Wrapping Up

#bearmarket #optionstrading #thinkorswim