Welcome to The Cash Machine, my covered calls cash flow system. It's my point-and-click dashboard that puts the strike where the trend says it belongs.
Follow my own portfolio in real time, with all trades shown and alerted as I make them. Or enter any stock symbol to find the best trade to make.
Most strategies do the same thing, no matter the market. Cash Machine is a dynamic, rules-based covered call system built to get the most out of whatever the market is offering for options income. Conditions never stop shifting, so neither does the Cash Machine system.
I spent 15 years as a pro options market maker, then over a decade managing nearly $1 billion across covered call income funds and black swan downside-protection strategies. I've generated over $750 million in options cash flow for members and investors around the world. That's the Cash Machine difference.
Named an All-Star of Options Trading. Headline lecturer on volatility and options trading for the CFA Society and the MoneyShow. Quoted in hundreds of mainstream articles, and a writer for top financial newspapers.
I built and managed covered call income funds, and won a prestigious Fund Lipper Award for one of them. Two economics degrees, including an Ivy League Masters.
I'm tired of the way covered calls are presented. I didn't like it when I spent a decade managing nearly a billion dollars of them, and I don't like it now.
You've heard the rental property line. Own the building, rent out the apartments, collect the cheque. That story is only halfway there at best.
The other half: most covered call programs do the same thing every month, in every market, even when the stock is doing exactly what it was bought to do. That's called getting in the way of your own success.
So why do those products do it? Because it's easy to run, easy to market to clients, and easy to explain to an advisor. It's lazy. Those funds are built for gathering assets, not for getting the most out of income selling.
Their fee is charged on the cash you give them, not on their results. They make money on fees. You want to make money for you. That's a misalignment of goals.
The options market is structurally unforgiving of blind call selling: sure, the premium is real, but so is the upside you hand over. Lots of edge? Great. No edge? Run away.
Calls tend to be cheap. Seriously. Almost everyone overwrites them and almost nobody buys them. Sell them passively every month regardless of pricing, and you keep most of the downside while giving away the upside for less than it's worth. Free money? Rarely, if you zoom out, and your money deserves the bigger picture.
The truth is that income edge isn't something you're entitled to. You identify it, and pounce on it. The right tools make that easy, and give you the insight to outperform the other options "experts"... you know, the ones who only play one on YouTube.
“I sat in hundreds of meetings where the yield was set by what would sell more of the fund. The performance of the fund almost never came up.”
Green, yellow, red. It couldn't be any easier, with my CMI (Cash Machine Indicator) and a suite of indicators that do the work for you.
Cash Machine answers the same question each day: what call sale does today's environment support, if any?
When a strong name starts to fade, the call method shifts. It can move closer, or farther away, or disappear entirely if the pricing environment is simply poor. My years of pricing options and trading volatility arbitrage go into a point-and-click answer that you can rely on.
You've worked hard for your ideas and your thesis. You don't put yourself in risk markets to truncate the upside and keep most of the downside. Covered calls have a place, but only when the risk-reward is in your favour, and risk includes the risk of not participating.
Randomly selling a covered call is a trade. Cash Machine is a system: it's how you turn the market's fear and greed into an advantage.
Trade covered calls like a market maker.
Follow my covered call income portfolio in real-time or choose your own stocks for trades.
Test your own trade ideas: Type in any name and get the rundown: what looks compelling for income right now, and the recommended trade.
Sorry, market makers, I was one of you, but now I answer to my members.
30 years in the trading trenches
“Hans, you're it. I've spent over $120 thousand on options courses over the last six years. Coaching, indicators, all of it. I don't even need one full hand to name how many people I actually trust in this space, and literally you're at the top of the list.”