Thread: Side Hustle
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Old 12-20-2020 | 07:47 AM
  #435  
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Originally Posted by Seneca Pilot
The contract is not written and the math is done for you. Get a demo account for Think or Swim. Watch some Tasty Trade videos on You Tube and play around with it. You don't have to risk a cent to see if it is for you. Covered calls have zero risk of loss on the option, you only collect premium which helps to offset some risk on the stock. I use covered calls in my retirement account precisely because I am not willing to take big risks with those funds. It is a very safe way to improve your returns.
Ok thanks I’ll look into that
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