Tag Archives: Lee Finberg
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Screening Stocks For Monthly Income Machine Credit Spreads

I’m often asked what stocks, indexes and ETF’s I use for generating my own monthly income credit spread and Iron Condor option trades. The book “The Monthly Income Machine” spells out a technique and a series of specific qualifying “entry criteria” that must be met for an underlying stock or index to be used properly […]

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Credit Spread Income: Take Profit Early or Wait Until Expiration?

As it should be, the main trade management focus of “The Monthly Income Machine” is on properly handling the occasional position going the wrong way. But we should also consider the pleasant matter of what to do with the winners – allow them to expire worthless so that we realize the entire trade profit, or […]

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Credit Spreads – Managing Headline Risks

Often, the markets themselves provide the best reminders of why we need to use all of the “Monthly Income Machine” entry rules when establishing our income-generating credit spreads and Iron Condors. Now one of the many advantages that credit spreads offer includes the fact that they are essentially non-directional – i.e. we don’t care if […]

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If You Own Stocks, Do Not Leave Income On the Table!

GUEST BLOG By: Stephen M. Bean, M.A. Owning stock certainly has its “ups and downs” (literally). If you own some, I’m sure you’ve likely noticed. Lee’s white paper entitled “More Money From Stocks You Already Own! certainly tells it like it is. I strongly suggest that you read it. Plus, it’s free. Yup, the fact […]

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Expensive Stocks: All the Profit, Without the High Cost

Our main “The Monthly Income Machine” mission at SaferTrader.com is reliable, significant monthly income no matter which way the market goes… but, SaferTrader community members do sometimes want to take a “directional” position because they see an opportunity to snag a nice profit on a potential move up (or down) in a particular stock, index, […]

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Account Money Management – Avoiding Trading Account Death

Okay, perhaps the title is a bit over the top. But, if it gets your attention – for real – it’s worth it. Most investors – especially conservative ones like those using “The Monthly Income Machine“- know that controlling risk is more important to trading account health than trying to maximize profit. The problem is […]

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Short a Put Option – You’ll Get Paid While You Wait For a Lower Stock Price

Let’s be clear. Fellow Philadelphian and cheese steak aficionado Jim Cramer may be a great stock picker and market analyst/strategist. But one ingredient SaferTraders will love is missing from his recipe for establishing a stock position. Like many market scholars, he advises investors to initiate a stock position with only part of the total amount […]

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Option Stop Loss Orders? There Are Often Better Choices

Over my 30 years as a broker and investor, I have often heard stock, options, and futures traders (who should know better) and brokers (who REALLY should know better) make the assertion, “I never use stop orders” or the sometimes foolish pronouncement, “I always use stop orders.” My guess is that misunderstanding the stop order […]

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Options-Friendly Brokerage: It’s Not Just What You Do; Where You Do it Matters… a Lot!

Options-Friendly Brokerage: It’s Not Just What You Do; Where You Do it Matters… a Lot!

The information that follows will definitely mean a great deal to you in terms of your Return on Investment (ROI), especially if you are using The Monthly Income Machine™ credit spread strategy and/or my conservative enhanced-return strategies for stocks you already own. For Perspective The purpose of SaferTrader.com is to help investors wanting monthly income […]

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SPY vs. SPX Options: Pros and Cons of ETF vs. Index Options

After 30 years as a stock broker/manager and market educator, I know of no better way to safely generate substantial monthly income (up to 4-8%/month) than through the specialized technique detailed in the book “The Monthly Income Machine” That said, the entry and exit “rules” for these income trades differ somewhat depending on whether you […]

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