This is a unique tool that is used to manage covered call writing and selling cash-secured put trades from start-to-finish. To our knowledge, it’s the only one of its kind anywhere.

The Trade Management Calculator includes 4 tabs:

• TMC
• TMC user guide
• “What Now Worksheet” tab for covered call writing
• “Unwind Now Worksheet” tab for covered call writing

The TMC is the” meat and potatoes” of the TMS. It has 2 main sections; one for covered call writing (top of spreadsheet) and one for selling cash-secured puts (lower half of spreadsheet).

Each of these sections is divided into 4 sections that flow left to right in the same sequence as we enter and manage our trades:

• Opening trade entries
• Opening trade and total portfolio initial calculations
• Exit strategy trade adjustment entries
• Exit strategy calculations & final combined trade results for both individual trades and total portfolio results.

Both covered call writing and put-selling sections have a capital adjustment area to ensure the portfolio percent return accuracy when multiple exit strategies are executed in the same contract cycle with the same cash investment.

At the end of each contract cycle, this product is designed to printout 4 pages:

• Covered call writing initial trade entries and individual and total portfolio initial calculations as well as the capital adjustment area
• Covered call writing exit strategy entries with individual trade and total portfolio combined trade results
• Cash-secured put initial trade entries and individual and total portfolio initial calculations as well as the capital adjustment area
• Cash-secured put exit strategy entries with individual trade and total portfolio combined trade results

These pages can be placed in a binder and archived to memorialize all our trades over a specific time frame as well as serving as a learning tool as we analyze the pros and cons of how we managed our trades.