Option Strategies For Beginners With Examples | Episode #16 | Covered Calls #3

In this short [Option Strategies For Beginners With Examples | Episode #16 | Covered Calls #3] video ๐ŸŽฅ, we discuss how we are using the wheel strategy on Enphase in our covered calls Google sheet. We recently sold some puts and got assigned, setting our cost basis at around 69.10. Then, we put a Covered Call sell out at the recent high of 18.10, taking advantage of the wheel strategy. We also compare various strike prices and expirations for our covered calls on Enphase, using our Covered Calls Google Sheet, which you can access through the link in the notes. By monitoring the high price of the call for the day, we can make informed decisions on whether to sell now for a smaller profit or wait for more premium. Join us as we share our strategies and tips for maximizing profits with covered calls.

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๐ŸŽฅ RELATED VIDEOS ๐Ÿ“Ÿ
๐ŸŽฅ Top Swing Trading Stocks to Watch ๐Ÿ‘€ | 12/2 โ€“ 12/6/24 | AEHR BDRY HIMX LAND SARK SOXL SRTY & More ๐Ÿ‘‰ https://youtube.com/live/oRwQgYLM_QQ
๐ŸŽฅ Option Strategies For Beginners With Examples | Episode #13 | Covered Calls ๐Ÿ‘‰ https://youtu.be/FWvIsJqpBSk
๐ŸŽฅ Option Strategies For Beginners With Examples | Episode #15 | Covered Calls #2 ๐Ÿ‘‰ https://youtu.be/tmaH8G9cqTc
๐ŸŽฅ Option Strategies For Beginners With Examples | Episode #1 ๐Ÿ‘‰ https://youtu.be/QSjdlU5ah8U
๐ŸŽฅ Option Strategies For Beginners With Examples | Episode #13 | Covered Calls ๐Ÿ‘‰ https://youtu.be/FWvIsJqpBSk
๐ŸŽฅ How To Sell Covered Call Options in Webull ๐Ÿ‘‰ https://youtu.be/2nJQPZPgr90
๐ŸŽฅ How To Sell Covered Call Options in E*TRADE ๐Ÿ‘‰ https://youtu.be/8_tUGOYc35I
๐ŸŽฅ Selling Covered Call Options – a Double Edged Sword โš”๏ธ ? | When to Sell vs Not to Sell Covered Calls ๐Ÿ‘‰ https://youtu.be/VysqwF64H1k

๐ŸŽฅ You may / Please see ๐Ÿ‘€ All of the BeachBum Trading Options related videos in the Options YouTube Playlist, All for FREE ๐Ÿ‘‰ https://www.youtube.com/playlist?list=PLH_4RiO370FO74wfhoOft4ZzorM9CR6NX

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๐Ÿ”ฝ REFERENCES ๐Ÿ”ฝ
๐Ÿ“ Weekly Trading Game Plan Notes for 12/2 โ€“ 12/6/24 – Part 2 ๐Ÿ‘‰ https://docs.google.com/document/d/1QTDrSgYHChbAVBydTAkA1UiRepSajdhoXC47IBX7cVc/edit?usp=sharing

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๐Ÿ› ๏ธ Webull โ€“ Get FREE stocks with Webull ๐Ÿ‘‰ https://bit.ly/3jKfvw5
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๐Ÿ› ๏ธ FinViz ๐Ÿ‘‰ https://bit.ly/3h7r8M3
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๐Ÿ› ๏ธ TD Ameritrade thinkorswimยฎ [TOS] ๐Ÿ‘‰ https://www.tdameritrade.com/tools-and-platforms/thinkorswim/desktop.html
๐Ÿ› ๏ธ Seeking Alpha ๐Ÿ‘‰ https://seekingalpha.com
๐Ÿ› ๏ธ Benzinga Pro ๐Ÿ‘‰ https://benzinga.grsm.io/uuo07mioquxj

๐Ÿ“ˆ TRADING PLATFORMS ๐Ÿ“ˆ
โœ… Webull โ€“ Get FREE stocks with Webull ๐Ÿ‘‰ https://bit.ly/3jKfvw5
โœ… E*TRADE โ€“ Use our link and we both get rewarded! ๐Ÿ‘‰ https://bit.ly/3zP6rvB
โœ… Public Investing ๐Ÿ‘‰ https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)

#coveredcalls #coveredcall #wheelstrategy

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