Covered Calls
50% Profit per Year Objective
Money doubles every 18 months @ 50% per year.
This trading strategy is based upon taking advantage of option price decay to generate profits each month. It's an excellent strategy that is often employed because it is a limited risk strategy. Covered calls are a way to earn additional income on your stock portfolio. This strategy utilizes covered calls for generating profits has a long history of conservative investing. Selling calls against a long stock position can be an excellent way to generate income. Brokerage firms do not place as many restrictions on the use of this strategy. You will need to be approved for options by your broker prior to using this strategy, and it is likely that you will need to be specifically approved for covered calls. Like any strategy, covered call writing has advantages and disadvantages. If used with the right stock, covered calls can be a great way to reduce the average cost of the owned security. Stocks that are expected to remain flat in price or increase in price are selected as the underlying security. |
Description of Covered Calls
* Purchases stock and sells near term options
* Up to four positions open simultaneously
* Large caps used
* One month hold time
* 100% of recommendations profitable to date
* IRA compatible
* Minimum $10,000.00 recommended
* 50% Profit per Year Objective
* Money doubles every 18 months @ 50% per year
* Strategy for the conservative trader
* An excellent way to generate income every month
* Reduces market risk
* Auto Trade is available with selected brokers.
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