Poor Man’s Covered Call: Beginner's Guide + Example
Want to use the covered call strategy but don't have enough capital in your account to buy 100 shares of stock?
One easy solution is to use a Poor Man's Covered Call.
This option strategy is great for beginners because it lowers your risk and the capital that you need to make it happen.
Check out this video where you'll see a walkthrough in the Interactive Brokers TWS showing you how to set up a Poor Man's Covered Call plus a breakdown of the max loss, max profit and other interesting math behind this strategy.
Enjoy this guide, recorded for explaining the Poor Man's Covered Call to beginners.
Enjoy!
=============================
Get Free Stock By Opening An Interactive Brokers Account ➡︎ https://ibkr.com/referral/andrew576
=============================
Disclaimer: I am not a financial advisor, this material is for educational purposes only. Please do your own research before making any investment. This video is not sponsored but some links above are affiliate links. They do not cost you anything but I may make a small percentage if you choose to buy a product.
#andrewferguson #poormanscoveredcallexplained
Music credit is "Heaven" by Aylex
Watch video Poor Man’s Covered Call: Beginner's Guide + Example online without registration, duration hours minute second in high quality. This video was added by user Andrew Ferguson 15 January 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 1,649 once and liked it 58 people.