This video is about the mechanics of the Poor Man's Covered Call (PMCC) along with a breakdown of how to setup and approach this type of trade. Examples for this trade are on Fidelity. Thanks for watching!

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0:00 Intro
1:22 PMCC Basic Setup
3:27 Long Call Characteristics
6:17 Short Call Characteristics
7:35 Setting up the Long Call
11:29 Setting up a Short Call
13:18 Diagonal Spread Setup
14:05 But what if?

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Additional Tags:
Rolling options for income, Rolling a put, Rolling a call, Rolling up and out, Income ETF, JEPI, High dividend ETF, option strategies, cash secured puts, simple option trades, Covered call options, ATM covered calls. SPY ETF, Selling Options, QQQ Options, QQQ vs VOO, Options for Income, Options during earnings, PMCC, Poor Man's Covered Call.