In my fourth month of writing covered calls against the stocks that I own I have been able to grab another 3/4% of income for my portfolio. They have all just expired on midnight Friday.
The covered calls include:
MO $22 strike
T $27 strike
WFMI $40 strike
COST $62.5 strike
For the four months of covered calls that I have written, I have been able to obtain nearly 3% of income for my portfolio. I expect that for the year, I should be able to obtain 10% from covered call positions alone.
No comments:
Post a Comment