If you have 100 shares of a stock in your investment account you can make more money by using a simple options strategy.
It's known as selling or writing covered calls and is an easy way to make more with stock that you already own.
There's not much extra work involved once you own the shares, you just sell a call option above the price you bought the shares at then collect cash and wait for the contract to expire.
You will either get to keep the cash and your shares if the stock price stays flat or goes down or you get to keep the cash and sell your shares for additional profit if the stock price rises.
Either way, selling covered calls on a stock you already own is a great way to earn more money with just a few clicks.
Enjoy!
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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.
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