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Selling SPY Options For Monthly Income. A simple option strategy to build your wealth.

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Wealth Adventures

#monthlyincome #optionincome #spyoptions
This video is about selling monthly PUTS and CALLS against the S&P 500 Index. There are many approaches and this is a simple strategy that has worked well for me in the past. If you have some money designated for earning income in lieu of long term investing, this may be a decent option. As with any investment, there is risk associated with this strategy. Thanks for watching!

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0:00 Intro
0:42 SPY Option Considerations
2:28 Why Do This?
3:27 Importance of Strategy?
4:43 Why not just buy QYLD?
5:08 SPY Option Example Strategy
11:32 Adding a Protective Put

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Additional Tags:
Covered call options, ATM covered calls. SPY ETF, Selling Options

posted by erwamanr6