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Introduction to the Poor Man's Covered Call

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In order to sell calls on a stock or ETF you must own 100 shares of that stock or ETF, which can be pricey. But, what if there was a way to do something similar and at a lower cost? Watch to find out more about how to make this possible with the "poor man's covered call strategy".

Poor Man's Covered Call Checkpoints:
(6:03) LEAPS® as Stock Replacement
(18:02) Traditional Covered Call
(28:00) Poor Man's Covered Call
(33:03) The Setup: Common Practices
(40:34) Executing the Trade

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posted by Janiukl1