Ep. 4.6 - Strategy: Covered Calls | Step Up to Options

Up next: Covered Calls! If we have long stock or short Puts that were assigned to us, a Covered Call is an excellent way to collect money while we wait for the price at which we want to sell. This video also explains how to set this strategy up when you don't already own the stock. See more from the Step Up to Options series: http://ow.ly/P2CVs Subscribe to our tastytrade YouTube channel: http://ow.ly/QZM60 ======== Step Up to Options ======== Step Up to Options is an options trading tutorial from dough.com and tastytrade.com. Want stock options explained the easy way? This is the video series for you! Follow dough: On our YouTube channel: http://ow.ly/QZM60 Twitter: https://twitter.com/doughtrading Facebook: https://www.facebook.com/doughtrading LinkedIn: http://www.linkedin.com/company/tastytrade Instagram: http://instagram.com/doughtrading

Comments

1. I have a stock I'd like to put a covered call on. The stock is SID an is down right now. The only trouble I have is I want to be sure I get a covered call the gives me some downward an sideways protection. If the stock would move up some I'm not afraid of letting it go. I would have to sell a put against it. I'm only on level 1 on TD Ameritrade.
2. Good lord I'm lost