80% Bull Market

Oct 18, 2023

The Covered Call is where we make 80% of our income in my mentorship program.

 

If you’re wondering why, it’s because the covered call captures profits 3 ways.

 

First, we are paid a premium as soon as we sell the covered call.

 

The second is that as the stock rises, we make capital gains.

 

The third reason is if the stock pays a dividend, we get that too.

 

That’s a triple threat for wealth building.

 

My mentorship program is designed to work best in a bull market. Why? Because historically, 80% of the time, we are in a bull market in the US. Those are significant odds if we can make easy profits 80% of the time.

 

And - it’s far easier to learn stock options theory on stocks and a market that are going up. To trade backward is often challenging to grasp.

 

How do I feel about Puts?

 

In many of my mentorship intro calls, I find that people are starting with puts. That’s their core strategy. In my opinion, it’s a flawed strategy because - go back and read the top of his newsletter.

 

What are they losing out on? Cap gains and dividends.

 

Puts have their place, but using them more selectively is critical. Strategy is always king.

 

I now offer a mentorship program working with you one-on-one to familiarize you with covered call and put strategy. Calls and puts have many strategies you can use to maximize the premiums and income you make. 

 

 

 

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