The Covered Call Strategy is one of the first strategies that new traders start trading. Traders might use a Covered Calls on stocks that they have in their portfolio for longer periods of time.
For the specific example that we’re going to cover today, we’ll take a look at JP Morgan (JPM). If you were holding JPM stock in your portfolio before the pandemic, chances are that you are underwater.
For the purpose of full transparency, I do not own or hold any JPM stocks. I typically only hold stocks between 5 and 25 days.
If you’d like to learn more about my specific trading strategy, check it out here: https://youtu.be/YbViBjP7zGk
And if you would like to learn more about options, then check out this playlist here on YouTube:
Options 101 Course: https://www.rockwelltrading.com/free/options-101-course/
