Generate dividends for your stocks (Covered Call option writing strategy)
In a previous article, I presented an option strategy - Selling Cash Covered Put Options. This could be used to generate extra income while you wait for the stock to come down to your desired purchase price.
In this article, I present another conservative option strategy that can be used to generate extra income from your existing stock holdings. The strategy is simply to sell a covered call on your stock. Lethttps://seekingalpha.com/account/write_post’s first look at what a call option is and then see the strategy in action with an example.
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Disclosure: long aapl