Thank you for watching this [Option Strategies For Beginners With Examples | Episode #15 | Covered Calls #2] video ๐ฅ in our series of videos ๐ฅ on option strategies for beginners. In this [Option Strategies For Beginners With Examples | Episode #15 | Covered Calls #2] video ๐ฅ, we will share with you various option strategies, walk you through our Evolution Lessons Learned, and more to help you learn and understand option trading.
As beginners, it’s important to have multiple ways to make money trading. That’s why in this series, we’ll not only cover the basics of option trading but also discuss different strategies that can help generate income while waiting for our swing trade stocks to set up.
One of the strategies we use is the covered call strategy. By selling covered calls against our positions, we can generate our own dividends and enhance our existing positions. We use a covered calls Google sheet to analyze different covered call strategies and select the ones that best fit our goals.
To access this Google sheet and use it for your own what-if analysis on covered call strategies, you can join our Patreon. In this video, we’ll also take a look at a recent example with Enphase (ENPH), where we got assigned a put and then sold covered calls to generate our own “Dividends” on our position.
In our covered calls Google sheet, we have added a Delta column and a Last Updated column, which can help us make optimal decisions regarding the Strike Price and Expiration Date at which to Sell our Covered Calls.
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๐ CHAPTERS ๐
00:00 – Introduction
00:52 – Covered Calls
05:11 – Options Playlist
06:04 – BeachBum Trading Sites
06:53 – Discord Invite
๐ TRADING PLATFORMS ๐
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Webull โ Get FREE stocks with Webull ๐ https://bit.ly/3jKfvw5
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E*TRADE โ Use our link and we both get rewarded! ๐ https://bit.ly/3zP6rvB
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Public Investing ๐ https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
๐ RELATED VIDEOS ๐
๐ฅ Top Swing Trading Stocks to Watch ๐ | 11/18 โ 11/22/24 | ENPH SARK SRTY AEHR HIMX LAND TMF & More ๐ https://youtube.com/live/N7muq3wppI4
๐ฅ Option Strategies For Beginners With Examples | Episode #1 ๐ https://youtu.be/QSjdlU5ah8U
๐ฅ Option Strategies For Beginners With Examples | Episode #13 | Covered Calls ๐ https://youtu.be/FWvIsJqpBSk
๐ฅ How To Sell Covered Call Options in Webull ๐ https://youtu.be/2nJQPZPgr90
๐ฅ How To Sell Covered Call Options in E*TRADE ๐ https://youtu.be/8_tUGOYc35I
๐ฅ Selling Covered Call Options – a Double Edged Sword โ๏ธ ? | When to Sell vs Not to Sell Covered Calls ๐ https://youtu.be/VysqwF64H1k
๐ฅ You may / Please see ๐ All of the BeachBum Trading videos in our [Option Strategies For Beginners With Examples] series, All for FREE, at ๐ https://www.youtube.com/results?search_query=%22Option+Strategies+For+Beginners+With+Examples%22
๐ฅ You may / Please see ๐ All of the BeachBum Trading Options related videos in the Options YouTube Playlist, All for FREE ๐ https://www.youtube.com/playlist?list=PLH_4RiO370FO74wfhoOft4ZzorM9CR6NX
#coveredcalls #coveredcall #optionsstrategies
๐ REFERENCES ๐
๐ Weekly Trading Game Plan Notes for 11/18 โ 11/22/24 – Part 2 ๐ https://docs.google.com/document/d/1CeWiWQ925DY_f_BQ83OPrNz3isM1vRaCG1_9pbn0qsk/edit?usp=sharing
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