Covered Calls: The #1 Options Income Strategy You Should Master

StockCharts TV July 20, 2023
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Video Description

Grayson Roze sits down with Tony Zhang, Chief Strategist at OptionsPlay. Tony shares an overview of the Covered Call Strategy, explains how it can be used to generate reliable income for your portfolio, and explores best practices for the strategy including expiration and strike price selection. Using the new options chain tools on StockCharts.com, Tony and Grayson then demonstrate how to easily find optimal covered calls for the securities you hold in your own account. 👀 See what better financial charting can do for you! https://stockcharts.com/ 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 - Intro 01:44 - Tony Introduction and Disclaimer 02:51 - The Differences Between Stocks and Options 05:19 - Income Trading 08:04 - What is a Covered Call? 09:24 - Covered Call Best Practices: What and When 10:18 - Covered Call Best Practices: The Setup and Tips 13:45 - Covered Call Best Practices: Closing Out 15:23 - Setting up an Options Focused ChartList on StockCharts 19:43 - Example #1: Disney (DIS) 25:18 - Example #2: Nike (NKE) 27:42 - Example #3: Verizon (VZ) 29:32 - Why This Strategy is Important, Extracting Income From Assets 31:22 - Conclusion 👍🏻 FOLLOW US Twitter: @StockCharts : https://tinyurl.com/tt7429e @StockChartsTV : https://twitter.com/stockchartstv Facebook: https://tinyurl.com/w2fsb42 LinkedIn https://tinyurl.com/t7u9568 #tonyzhang #optionstrategy #coveredcall @StockChartsTV ––––– ℹ️ ABOUT STOCKCHARTS StockCharts.com is the web's leading technical analysis and financial charting platform. Trusted by millions of online investors around the world, the company has been an industry leader in the financial technology space for more than two decades. With innovative, award-winning charting and analysis tools, our mission is to help you better analyze the markets, monitor and manage your portfolios, find promising new stocks and funds to buy, and ultimately make smarter investment decisions. ℹ️ ABOUT STOCKCHARTS TV StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the channel. ❗️DISCLAIMER Past performance is not indicative of future results. Neither the Show Participants nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this show may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment advisor