💰Get My Trades: https://coaching.investwithhenry.com/...

📧Get My Emails FREE Here: https://www.investwithhenry.com/stupi...

📈Get Option Software: https://www.optionsfy.com/invest-with...

🟢Robinhood Affiliate Link With Extra Free Stocks - https://robinhood.c3me6x.net/e4md6r

The PMCC strategy allows for in many cases 10% of what buying 100 shares would cost in collateral. The PMCC reduces the capital/margin requirement of a traditional covered call by replacing the long stock with an in-the-money call option. The in-the-money call option is referred to as a LEAP if it’s longer than a year to expiration. LEAP options are typically available for a variety of underlying assets, such as stocks, indexes, and exchange-traded funds (ETFs). Like other options contracts, a LEAP gives the holder the right, but not the obligation, to buy or sell the underlying asset at a predetermined price (known as the strike price) on or before the expiration date. It’s basically a call that’s way out in the future. LEAP options can be attractive to investors who are looking to gain exposure to an underlying asset over a longer time horizon, as the longer expiration date allows for greater flexibility in how long an investor holds the option.

How to Set Up a Poor Man's Covered Call Basics
• Buy a deep in-the-money call option in a long-term expiration cycle (typically 12 months but can be 6 months)
• Sell an out-of-the-money call option using your LEAP call options as the 100 shares replacement
• Potentially buy back the call to avoid poor man's covered call assignment

You can watch the video for the examples and full explaination on the poor man's covered call strategy.
----------------------------
𝐋𝐞𝐠𝐚𝐥 𝐃𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in an attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!