MOJO DAYTRADING: COVERED CALLS

Lesson: Covered Call Writing - UVXY Live Examples PARTS 1 & 2

If you’re looking for an options strategy that provides the ability to produce income but may be less risky than simply buying stocks, you might want to consider selling covered calls. As long as you’re aware of the potential risks—including transaction costs and tax and wash sale implications—this basic strategy is designed to help generate income from stocks you already own, even within an IRA.