I started writing my first covered calls against some of the stocks that I currently own and want to share my experience with you all. I was very apprehensive about getting started into options, I'll share some of the reasons why, and how I got past those fears in order to begin earning income for writing these options contracts. We'll discuss the pros and cons of writing covered calls, what you need to know and what type of account approvals you will need in order to write them.
Also on this episode:
WEEK 1 Investing Challenge BUY $VOO, WEEK 2 $QQQ, WEEK 3 $MPW, WEEK 4 $MSFT, WEEK 5 $V Visa, WEEK 6 $SPYG, WEEK 7 $VZ, WEEK 8 $GOOGL, WEEK 9 $DE,
WEEK 10 Investing challenge POLL on FACEBOOK group! VOTE NOW!
1. $WM Waste Management 2. $SRCL Stericycle 3. $LAND Gladstone Land 4. $SYY Sysco Foods 5. $WY Weyerhauser
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***Not investing advice, simply what I am looking to do in my own portfolio while understanding my risks, timeline, age, income, debt and other factors!!*** As always, thank you for continuing to support the page and podcast, by liking, subscribing and sharing!
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VISA, MCDONALD's, Archer Daniel Midland, United Health, JPMorgan, Boeing, Russia gazprom, taiwan arms package, Jobs report, defense stocks, agriculture