💰📈 My Covered Call Strategy: Turning TIGR, GRAB, QUBT & CLSK Into Potential Income Tiger Brokers | Market Rebound: Rally or Pullback? Capture potential opportunities. Stay Flexible with Options
🐯 Why I Am Selling Calls Instead of Just Holding When I buy a stock, I don’t want my capital to simply sit there and wait for the share price to rise. One strategy I am using is selling covered calls against shares that I already own. A covered call means holding the underlying shares while selling call options against them. The trade-off is straightforward: I receive premium income, but I accept that my upside can be capped if the stock rises above the strike price. My current example is Tiger Brokers (TIGR). I have 300 TIGR shares, which allows me to sell 3 call contracts, assuming the standard 100-share contract size. The objective isn’t to predict exactly where TIGR will trade four months from now. My objective is to collect option income while I wait. ⸻ 💵 TIGR: Collecting Around $1.22