Carl Allen

I research and share information on Option strategies that best balance return on capital with high probability of profit.

[Carl Allen @DataDrvnOptions]

@datapawelzajac Thanks for the heads up. I've installed a new security certificate, and I think that should fix the issue.

[Carl Allen @DataDrvnOptions]

I have a new post about writing covered calls on P&G stock. While it is fairly specific to this scenario, the concept applies to lots of stocks and similar situations. https://t.co/TN2ulBibpR

[Carl Allen @DataDrvnOptions]

This post also gives a blow-by-blow example of how rolling covered calls can work with a real-life example, rolling strikes up and down, collecting credits or break-even trades with every transaction.

[Carl Allen @DataDrvnOptions]

P&G has a very lucrative retirement plan that includes the company contribution of preferred stock. There are potential significant tax advantages. This article delves into this aspect, while also discussing the advantages of selling covered calls on blue chip stock.

[Carl Allen @DataDrvnOptions]

Over the past 14 months, I have averaged 30% return on capital from my rolling Daily Double Diagonal option trades. Here's how it has played out during that time:
https://t.co/QGpBY9lKN0

[Carl Allen @DataDrvnOptions]

I finally wrote a summary of the rolling Daily Double Diagonal trade. This is the highest risk, highest reward trade I've written about. 4 legs, rolled every day.
https://t.co/bcLmUxdWaR

[Carl Allen @DataDrvnOptions]

Here's a new write up on Uncomplicating Option Pricing and Greeks- let me know if I succeeded in reducing the complexity of it all. https://t.co/cSa8GtPVuf

[Carl Allen @DataDrvnOptions]

I've added a post on a tool I find helpful- a household balance sheet to take a shapshot of my overall financial condition. I've done this for years.

https://t.co/TYbaGMVLbc

[Carl Allen @DataDrvnOptions]

I added a new page on option order entry best practices. Sometimes, it is good to get into the nuts and bolts of trading...
https://t.co/sW7BNr1ESY

[Carl Allen @DataDrvnOptions]

I wrote a new version of my explanation of Rolling Credit Put Spreads. I tried to share more compressive details on mechanics, discipline, and risk.
https://t.co/mSkd5YolGq

[Carl Allen @DataDrvnOptions]

@DirectoEdelgado Thanks- I hadn't realized and just got it back up. I guess I should check Twitter once in a while as well for helpful comments. Good to have people looking out for me.

[Carl Allen @DataDrvnOptions]

Added a new web page comparing the 111 and 112 put ratio trades. It's been a year since the blow-up of this trade for so many, so it seemed like time to re-visit.

https://t.co/rgenUNnL2w

[Carl Allen @DataDrvnOptions]

Our website is back up! Thanks to those who reached out to let us know there was a problem. https://t.co/CEEc1M0wg6

[Carl Allen @DataDrvnOptions]

Based on popular demand, I've added a page on selling covered call spreads. This strategy allows a trader to collect premium on existing shares without giving up all the upside potential if the stock goes up a lot.
Selling a Covered Call Spread - Data Driven Options Trading

[Carl Allen @DataDrvnOptions]

Added a new post on the mechanics and benefits of rolling a covered call.

https://t.co/LNYmAstEok

[Carl Allen @DataDrvnOptions]

Happy to share my most recent video interview by John Einar Sandvand.
Broken Wing Butterfly: How to Collect 10-13% in 2 Weeks (SPX Options)

[Carl Allen @DataDrvnOptions]

@thetaprofits Thanks John for the opportunity to discuss this!

[Carl Allen @DataDrvnOptions]

Added a new page based on a recent YouTube interview with John Einer Sandvand regarding Delta Neutral Back Ratio Call Spreads.

https://t.co/lOK4CxTNdV

[Carl Allen @DataDrvnOptions]

I added a new post where I used backtests and modelling to optimize strikes and duration for a diagonal put spread, and found results that surprised me.
https://t.co/kuBu9bbm9B

[Carl Allen @DataDrvnOptions]

I added a new page on a diagonal trade of 60 and 3 DTE on SPX using puts.

https://t.co/SfiDn0Blec