Find the Top Options Selling Ideas

—Calls to Write, Puts to Sell—

With OptionSignals

Easily See Optimal Covered Call and Put Selling Opportunities

Built for Investors Who Sell Options for Income

Dear Reader,

If you write covered calls on your stocks to generate additional income—or are planning to add this strategy to boost your portfolio’s yield—this update is for you.

Likewise, if you sell puts on high-quality stocks for extra yield—or plan to do so in the future—then this update is also for you.

Covered call writing and put selling can be a profitable income strategy.

But as you know, options strategies are challenging to execute in a volatile market like this one.

Yes, premiums are higher—but our chances of being put shares are much higher when the S&P 500 moves 1%+ daily.

As sellers of puts (and writers of calls), we are not actually looking for our options trades to be executed. We want our calls and puts to expire worthless so that we can pocket these premiums free and clear.

But it takes significant time and effort to identify the optimal calls and puts. And we must get the timing just right to ensure we are collecting the payout we want.

If the timing is off, then we could see:

• A core portfolio position “called away.” Sounds like a winning trade but this is problematic as we now have to decide when to re-enter the positon. And from a tax standpoint, this type of overtrading can leave us with a big tax bill at year end.
• A truckload of shares we don’t want (or can’t afford) being “put” to us because we didn’t pick a strike price far enough below the current sea level of a stock. This is happening a lot these days with manic markets taking perfectly good positions down dramatically over the course of a few days.

The simple solution for these headaches? OptionSignals—an automated tool we developed in-house here at Contrarian Outlook to optimize these “options for income” strategies.

OptionSignals is like AI for Call Writing…

This, by the way, is your man Brett Owens, your Chief Investment Strategist at Contrarian Outlook. Last year, our customer support manager came to me with a recurring question from our premium members:

“Is it possible to write covered calls on our current dividend-paying positions in Contrarian Income Report and Hidden Yields?”

If this stock (or fund) is optionable, then of course it is! But that doesn’t mean writing a covered call is the right thing to do.

So, I sat down and adapted my current buying and selling timing system into an optimal strategy for covered call writing. Here’s how it works.

My system identifies the intermediate-term trend in a position. Simply put, this tells us if the trend over a multi-month timeframe is either down or up. (Of course, I use inputs that are different from those used by mainstream Wall Street analysts and quants. To have a contrarian advantage, we must be different!)

OptionSignals Identifies Medium-Term Trends

Within this trend, we then look to identify when a position is overbought. This means it is currently a bit hot and due for a pause. We won’t necessarily sell it from CIR or HY. But this could be a great time to write a covered call for additional income, because near-term upside appears muted, so it is less likely that this core position will be “called away.”

When OptionSignals finds an optimal call opportunity, it will provide us with a signal. “Sell calls!” The tool will also give us up to three examples to consider:

• A short-term example, with a near-dated expiration and strike price.
• A medium-term example, with an expiration date further out and a corresponding strike price.
• A long-term example, with a long-dated expiration and strike.

New Signal Shows 3 Covered Call Examples

OptionSignals can identify trends and covered call opportunities for every optionable stock and fund in the publicly traded universe. We can apply it to a current portfolio, an expanded watch list, popular ETFs and even the indices at large.

This can be a very effective income strategy for stocks that have rallied after we bought them. For example, HY holding Abbott Laboratories (ABT) has rallied 34% (or 42% annualized) since we bought it.

Well, now what? We want to continue to Hold ABT, but realize it is unlikely that we will see 42% yearly gains from the stock going forward. Fear not, OptionSignals has identified our pickle and has a solution (three potential solutions, actually)—sell calls on ABT!

By utilizing these signals, we could generate an additional 10%+ or more in annual income from our ABT position.

And why stop at identifying covered calls? This contrarian methodology for writing covered calls works just as well selling puts for income. So, I adjusted the math and our talented developer incorporated it into OptionSignals, too.

OptionSignals Optimizes Put Selling, Too

We all know that, on paper, selling “out of the money” puts can generate lucrative regular payouts. The problem with put selling, though, is that when the markets are rocky we can be put shares that we do not want.

As sellers of options, we are here to collect premiums. Please, keep your shares!

OptionSignals provides us with signals that highlight the best of both worlds. Using my calculations, the tool will determine when an optionable stock, fund or even entire index is oversold within a broader uptrend. This indicates an ideal time for put selling.

3 Put Signals on Each Index ETF

This is where vanilla investors get tripped up. They sell put options all the time and get stuck with positions that they don’t want. On paper their strategy gains 1% to 2% per month in payouts but, in practice, it is a mess.

There is a reason for the dysfunction. If selling puts was as easy as it is described online and in popular books, everyone would be doing it—and nobody would be working!

Simply stated, call writing and put selling gets messy when markets move violently, as they are right now. Which is why we contrarians look for one of two important signals before we pounce on puts:

1. A pullback within a broader uptrend that is likely maturing, as I mentioned earlier.
2. A downdraft so severe that a bounce is highly likely in the short term.

Savvy investors use these opportunities to sell puts. OptionSignals shows us what stocks to target, what levels, and which expiration dates.

All without you having to lift a finger. It’s like ChatGPT, but specifically for options selling!

And honestly it’s better than ChatGPT because the entire world is not using it. As I mentioned I designed OptionSignals myself using my own math and obscure tools (Keltner channels, anyone?). In a world where everyone is reading the same headlines and using the same mainstream tools, being unique is a must for making money.

With OptionSignals, you are able to apply our unique contrarian income strategies to your options research. And with just a few clicks, you can set everything up!

Import Entire Portfolios from

Contrarian Outlook Services

It’s easy to import an entire portfolio from any of your Contrarian Outlook services, too, including Contrarian Income Report, Hidden Yields, and Dividend Swing Trader.

Your OptionSignals account will automatically include shortcut links to all of the services you subscribe to. It’s literally one click to pull in the active roster from any of our publications:

But that’s not all. You can even…

Import Directly from Your Brokerage Account!

That’s right, our talented development team has integrated the same convenient tools that Income Calendar users know and love.

We have integrated OptionSignals with Plaid, a service that safely and securely links up to your brokerage account and imports all your tickers and share counts—so you don’t have to do any inputting at all.

I had my Charles Schwab account, with tickers and share counts of my current holdings, loaded into OptionSignals in just a few clicks.

I could go on and on but honestly this tool is really easy to use. You’ll have it setup in no time, too.

How to Try OptionSignals FREE for 60 Days

OptionSignals is only available in a limited release right now, exclusively for Contrarian Outlook premium members. As a charter membership through this private launch, you’ll enjoy a 100% FREE trial for the first 60 days.

That means you can sign up today and take it for a test drive for nearly 2 full months, then you will be charged a nominal $29 each month for as long as you remain enrolled in the service. You can call or email our New York office to cancel at any time, no questions asked.

Yours in safety and profits,

Brett Owens

Chief Investment Strategist

Contrarian Outlook

P.S. I’m sure you’ll love this tool as much as I do, and this exclusive free trial offer means you really have nothing to lose. Click here to get OptionSignals today.