6min chapter

Animal Spirits Podcast cover image

Talk Your Book: The Buy-Write Strategy 

Animal Spirits Podcast

CHAPTER

What Is the Best Benchmark for a Stock Pickers Market?

CBOE S&P Byrite Index, the symbol is BXM. The index uses a 30-day call option that was just out of the money written and rolled every 30 days wherever the market happened to be. You have to obviously have the stocks ahead of time before you start earning the income on them from writing the options.

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