Watch this first, if you know nothing about call options:
   • Trading Call Options Made Easy (2020)  

Make money with covered calls course:
https://www.trader.university/courses...

In this video, I discuss how to generate monthly income using covered calls. Using Pfizer (PFE) as my example, I walk through different scenarios, where the stock is trading above, below, or far below your strike price or purchase price at option's expiration.

By picking stocks with good dividend yields (2% to 4.50%), we can ensure that our stocks continue to generate good income, even if the stock falls below where we would normally want to continue to sell covered calls against them.

As examples, I use PFE, MCD, and SBUX in this video.

Not investment advice! Consult a financial adviser.

PFE on Yahoo Finance:
https://finance.yahoo.com/quote/PFE

PFE options:
https://finance.yahoo.com/quote/PFE/o...

Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guid...

If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here:
https://www.trader.university/join

Use this secret coupon code to get a discount: YT99

#CoveredCalls
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