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IRA Options

In IRA Options, Liz & Jenny talk about cost basis reduction. They strategically use options to increase return on capital. They also show tips and tricks to make almost any option strategy allowable in an IRA (retirement account).

Rolling Out Puts
Oct 29, 2019
Liz and Jenny roll out their XOP short puts to NOV to continue their long position and reduce their overall cost basis.
Capitalizing on Post-Earnings Behavior
Oct 24, 2019
Liz and Jenny jump into TWTR after the earnings announcement with a big lizard in the DEC cycle. Find out why!
Layering Into SPX
Oct 15, 2019
The market is up again, so Liz and Jenny get back into SPX with another upside BWB.
Timing a Short Delta Play
Oct 10, 2019
After two days of the market moving higher, Liz and Jenny add a little short delta with a SPX broken wing butterfly.
Lizard Comparison in an IRA
Oct 8, 2019
Liz and Jenny compare a jade lizard vs. a spiked lizard in EEM. What are the differences in these strategies when it comes to cost, directionality, and probability?
Plans Change
Oct 3, 2019
Liz and Jenny plan to sell a call spread in TLT, but end up placing a NOV reverse big lizard. Find out why!
HPQ Big Lizard
Oct 1, 2019
Liz and Jenny use this low priced, high vol product and place a premium selling strategy in the November cycle. HPQ does not have earnings on the horizon.
Recreating Positions
Sep 10, 2019
Can you create a spiked lizard in SPY in an IRA? Yes and No. Liz and Jenny explain.
Positive Adjustments
Sep 5, 2019
Liz and Jenny talk about trade adjustments in the IRA when things are going your way. They have a bullish position in IBM and roll up the puts to allow for more profit potential.
Why Use Upside Butterflies?
Sep 3, 2019
Liz and Jenny place a new SPX upside broken wing butterfly. Find out their reason for executing this position and how they plan to manage it.
Addressing Capital Issues
Aug 22, 2019
Liz and Jenny examine capital issues within the account. They look at positions that are holding up unnecessary capital and change them to similar reward scenarios that use less capital.
Stock Replacement Setups
Aug 20, 2019
A ZEBRA (zero extrinsic back ratio) is used as a stock replacement. This strategy will make a similar return to being short 100 shares of stock. Liz and Jenny explain how.
Cost Basis Reduction in Retail
Aug 13, 2019
Liz and Jenny place a new cost basis reduction position in XRT. Check out their setup now!
Cost Basis Reduction Strategies
Aug 8, 2019
Liz and Jenny talk about dividends in AAPL and HP and address cost basis reduction strategies that are in the portfolio.
Big Lizard Earnings Plays
Aug 1, 2019
Liz and Jenny place a Big Lizard in PINS as an earnings trade, but will add it to their wheel of fortune if PINS is down tomorrow.
Selling ITM Put Spreads?
Jul 30, 2019
Liz and Jenny enter a new Wheel of Fortune position by selling an ITM put spread to replicate a covered call in XOP. Find out why.
Earnings Calendars in Mid Range Stocks
Jul 25, 2019
Liz and Jenny place another earnings calendar, this time in MCD. Tune in for their setup and logic!
Reducing Cost Basis with IRAs in Mind
Jul 23, 2019
Liz and Jenny talk about cost basis reduction & adjust their KSS position.

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