Are you considering selling covered calls to earn income from your stock investments but wonder about the risks? Join Rick, a Wall Street Journal bestselling author with over 20 years of experience in trading stocks and options, as he explores the potential risks and strategies of covered call writing. Despite its popularity among investors, this strategy is not without its pitfalls.

In this video, Rick explains:

✅ What covered calls are and how they work using reallife examples and current market scenarios.
✅ The major risks of selling covered calls include opportunity loss and assignment risk.
✅ Tax implications that can affect your earnings from covered calls.
✅ Practical tips on mitigating the risks of covered calls, including using option Greeks like Delta.
✅ Alternatives to direct covered call writing include investing in covered call ETFs

Whether you're new to options trading or looking to refine your strategy, this video has insights and tips to help you make informed decisions. Don't forget that while covered calls can be a lucrative strategy, understanding the risks is crucial to managing your investments effectively.

Like this video if you find it informative, and subscribe for more insights on stock and options trading. Have questions or want to share your experience with covered calls? Comment below—let's start a conversation!

Stay tuned for more expert financial advice and ensure you're equipped to maximize your investment returns while minimizing risks.

Links and Resources:
Detailed Guide on Covered Calls: https://rickorford.com/sellingcovere...
Options Samurai: https://rickorford.com/samurai

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Skip ahead:

00:00 Start
01:50 Introduction
02:48 Covered Calls Explained
05:42 What Is Assignment?
08:23 Opportunity loss.
11:12 Tax implications
14:01 How To Mitigate Covered Call Risks
17:42 Use An Option Screener To Improve Your Chances
21:24 What if I want to be invested in covered calls, without trading options?
23:16 Conclusions

DISCLAIMER: This video is for educational purposes only and not financial advice. Always do your own research and consult with a financial advisor before making any investment decisions. All information and data on this YouTube Channel is solely for entertainment purposes. I'm not a financial advisor, nor licensed in any way to provide any financial advice. The information herein is based solely on my personal opinion and experience. All investments hold inherent risk, and the information provided on this YouTube Channel should not be interpreted as any kind of guidance, recommendation, offer, advice, or suggestion. Any ideas and strategies discussed on this channel should not be implemented without first considering your financial and personal circumstances or without consulting a financial professional.