@CalltoLeap
Selling covered calls is a good source of extra income. Let me know in the comments what stocks you are selling each month. Sign up for my free masterclass next Tuesday where we will talk more about covered calls!
@TColeH
Step one: have $15,000
@mattv8434
Personally, I would go a little higher on the strike price. But solid video and explanation.
@partybo200809
I wish we could have someone who can help average investors. Like 1000-2000$ in funds to invest. Most cant buy 100 shares of Google
@KarlKarsnark
For starters, you need $14,000 to "play with". Secondly, when you "get to keep the 100 shares", that means you just bought them/spent $14,000 and have to resell at the same, or higher price to get your money back, much less a profit, which may not happen for months, if at all. This is a rather large risk for only $100 profit....minus taxes, of course. Surely, there must be a less risky way to have $14,000 generate $100 on a regular basis? That's less than 1% return overall.
@JamesSampa-j3e
This is powerful and insightful
@YourGlobalDispatch
Thank you for explaining
@JoseGarcia-le4dx
Thank you for assisting us in understanding stocks & Market.
@melodiesnetwork
I am so grateful for you. ❤ Thank you for explaining. You are a gift!
@liz85524
Steve, Thank you for sharing your valuable video
@danjelena
This is amazing. Thank you ♥️
@JonCooper86
I just DCA qqqi and jepq , reinvest dividends, and forget about it
@anntrisharamrattan7012
Interested in your teachings
@tsiaotsiao3906
You make the premium and the appreciation from stock price of 140 to 141. If stock price goes beyond 141 at expiry, you lose the opportunity cost of the appreciation.
@veronicagraves5621
Thank you.
@spacecowboy740
hope you’re feeling better!
@jasperclement6320
if its 140.80 and the strike price is 141 dollars. . . i mean that could go up any second wouldnt u just lose money?
@sizzlinghensizzlinghen2301
Selling puts is a bit safer if you want to make money on the premium and not purchase 100 shares outright.
@Choptron27
Man, if you are watching this, you don’t need to own any shares to do this…. This guy is just showing how a covered call generally works. There’s other ways, there’s running the wheel of selling puts to buy back into your position, at a lower cost, collect premium while you wait to buy, and collect premium on and on while you wait to sell… but you can just do poor man’s covered call, where you are just using another option as collateral
@TheFireGiver