LogFAQs > #950441692

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Topic	Man how do you make a $1,000 a week from stock market?
Christian RULES 02/09/21 4:11:14 AM #67:	Conker posted... Buy (example) 500 shares, sell 5x call options with a strike price a few dollars above the price you bought at with a premium of $200+ each. Would this work absolutely every week? Not likely if you did it with the exact same stocks unless its highly volatile upward trending (like Tesla), but you can move between a few different stocks and find high yield dividend ones with decent options trading for consistent 3% at minimum and offset the other 2% with some volatility. You just have to be active and not think its just going to be buying and sitting on it. This sounds like the infamous covered calls strategy I've heard about. Definitely trying this out eventually but still a dummy when it comes to options. --- RIP Man Fan - Nine Years Strong - https://youtu.be/O8swXwLlgAI TRUMP 2024EVER - Promises Made! Promises Kept! #MAGA <cite>Christian RULES posted [p:950441692] in Man how do... [t:79285436]...</cite> <quote>Conker posted... </cite> <quote>Buy (example) 500 shares, sell 5x call options with a strike price a few dollars above the price you bought at with a premium of $200+ each. Would this work absolutely every week? Not likely if you did it with the exact same stocks unless its highly volatile upward trending (like Tesla), but you can move between a few different stocks and find high yield dividend ones with decent options trading for consistent 3% at minimum and offset the other 2% with some volatility. You just have to be active and not think its just going to be buying and sitting on it.</quote> This sounds like the infamous covered calls strategy I've heard about. Definitely trying this out eventually but still a dummy when it comes to options. --- RIP Man Fan - Nine Years Strong - https://youtu.be/O8swXwLlgAI TRUMP 2024EVER - Promises Made! Promises Kept! #MAGA</quote> ... Copied to Clipboard!
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