Trading Covered Calls - How To Sell Call Options For Weekly Income
JJ Buckner JJ Buckner
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 Published On Nov 8, 2021

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In today's video we are going to be talking about how to sell call options or covered calls in order to earn some extra weekly and monthly income. Now at first, the whole options trading thing can be pretty overwhelming but if you take the time to understand it, it really isn't too bad once you get the foundation of how things work and that is what I hope to help you out with in this video.

Selling call options is one of my favorite way to trade options because I can do this on a stock I don't mind selling. When you are selling call options, you are saying you are willing to sell a stock at a certain price that you own at least 100 shares of and with that you get what is paid a premium for that contract. Earning the premium for writing that call option is how you earn that weekly and monthly income. The closer your strike price is to the share price and the farther out in expiration you go, the more you will make in premium.

Now I typically like to sell call options on a weekly basis because it doesn't tie up my collateral for a very long time. When it comes to collateral, that is the money you have to have in your account when you go to place this selling call option trade. I will discuss this in more detail in the video.

Again, this video was meant to be a basic walkthrough how how to sell call options or covered calls for beginners and trying not to get to confusing. I hope this video helped you understand a little more on exactly how to sell call options.

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