Lee Lowell is the editor of The Instant Money Trader for WSD Insider. One of America's leading options professionals, Lee spent six years in the options "trenches" as a market maker on the floor of the New York Mercantile Exchange (NYMEX) in New York City. Lee is the author of the popular book Get Rich with Options: Four Winning Strategies Straight From The Exchange Floor and has written numerous articles for several financial publications such as Futures magazine and Technical Analysis of Stocks & Commodities. Learn More Selling Covered Calls – Getting Cash for Stocks You Already Own By Lee Lowell, Advisory Panelist, Mt. Vernon Research Tuesday, December 27, 2005: Issue #270 If you own at least 100 shares of stock, and you’re not selling call options against it, then you are throwing away free money. How’s that? Well, there are other [...]
Out of the Money Options – Buyer Beware, Seller… Take The Money By Lee Lowell, Advisory Panelist, Mt. Vernon Research Tuesday, November 1, 2005: Issue #255 About a year and a half into my days as an options market maker on the floor of the New York Mercantile Exchange (NYMEX), I discovered the strategy of [...]