The Secret to Faster Cash Flow from Covered Calls (Easy Technique)

#coveredcalls #optionstrading #incomestreams

[rickyholbrook]

This video helped me more than you will ever know....I have only done monthly covered calls for 5 months and always let them expire.... but in one week after seeing this, I have made 600 bucks on Amazon alone. I can't thank you enough.

[paretous_x]

Thanks for the video - a good starting point for those new to selling Calls .. the point that no one mentions to new traders, is that this premium you collect when you sell the call is not yours (yet) - and some would then go and trade that cash to buy something else - then get into problems when the stock price goes up and the covered calls starts making a loss .. and they can't buy it back cause they tied the cash .. need to be super careful about that scenario .. cause your broker may close out any position you hold in that case - another point is, don't wait to 10%, i buy back at 50% .. then wait till the stock price goes up again, see an upcoming resistance, then sell the covered call above resistance.. never sell a call when the stock price is at low or lower than your breakeven, .. you can lose a lot

[mEAngurrrrl]

A lot of traders may go on
long win streaks, get greedy,
break their strat, lose half their
month's gains then revenge
trade the other half away too.
Currently, With 1:1 RR
I have a 60% win rate and
I have accumulated over $290k
since the start of the year.
Tbh, having a simple but
an effective approach is kinda
relaxing actually!

[haideralkindi]

Thank you, can you talk thru a scenario where the stock price rally above the call option strike.

[bfine]

Great video. How do you manage the position when the calls go ITM?

[gillesinvest]

Hi and Tx. One point : Why did you keep the 170 strike all along the way. For the first position, I understand why you chose the 170 strike ATM call. So why did not you choose to sell each time the ATM call strike ? Tx in advance

[michaelbader]

Thank you for this. What is the best strategy with choosing a strike price? Do we look at a delta at 20-25% or chose a strike close to the current price?

[Weltbummler]

Great vid! Would be great to see a comparison of this to a monthly covered call campaign for AAPL over the same time. Which provides greater returns?

[matthewsabin]

Thanks for making these videos. Seth breaks down the process and the jargon to make complex trading accessible. I'm more confident and more effective in my trading - priceless!

[fstlnj]

Enjoyed this. Question, most of the decay happens in the last three weeks so wouldn't it be better to sell shorter and convert to puts if you get blown out o is the upside strength in AAPL too strong?

[zeond]

For the second technique, when you buy to close and sell to open the calls, do you do it separately or just roll the option?

[KA-NV]

This is great information and a awesome strategy for income.
I have a question: If you do the sell and buy calls, what about the taxes on the gains? Would those be short term meaning paying taxes per income bracket?

[WeyermannX]

So it sounds like you are closing when the stock is down and then waiting for it to recover a bit before selling another call, is that correct? If so, how do you know it is not part of a larger downtrend and the stock will not recover to a price where selling a covered call makes sense? Or are you immediately closing and reopening 3 months out, regardless of how little premium you get?

[alanlajoie]

Love the technique
One question is if you get assigned after the expiration is the idea to reload ?

[mziobro]

Seth: one of the best videos I’ve seen on YouTube. Thanks for posting!!

[staffan_ofwerman]

Is there a difference if you buy them back instead of rolling a position before expiry?

[jsarg]

I’d love to know what the strategy would be in this case if the shares get called away. Do the opposite and sell a cash covered put? Buy shares back on a red day and start selling calls again?

[neysatg]

Are you selling the call based on delta or price of stock. If delta, what delta do you chose?

[maximeaudet]

Would be helpful to go over the situation when the stock rallies above the strike price at expiry. I assume the only thing to do in this scenario is to close both the stock and the option positions before the expiry? Thanks

[WriteWordsMakeMagic]

Are you selling that SPX credit spread today with VIX under 20?