covered calls - money does grown on trees
First of all, please familiarize yourself with options in this blog post. I’ll summarize it here. A call option gives the buyer the right to purchase 100 shares of a stock. Let’s say you own 1 AAPL call option at strike price $200, that means you can buy the 100 shares of AAPL at $200. If the AAPL price at that time is $250, it means you can pocket $50 per share....