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Option Strategies For Beginners With Examples | Episode #20 | Covered Calls #6
In this [Option Strategies For Beginners With Examples | Episode #20 | Covered Calls #6] video , another episode in our [Option Strategies For Beginners With Examples] series of videos , we will be sharing with you various option strategies and walking you through our Evolution Lessons Learned to help you learn more about option strategies as an additional way to make money trading.
We hope you have subscribed to our Beachbum Trading YouTube channel and have hit the bell icon to receive notifications whenever we release a new episode in our option strategies for beginners series, as well as other videos that can help you succeed in your trading career. So let's dive into today's [Option Strategies For Beginners With Examples | Episode #20 | Covered Calls #6] video !
We are actively working on enhancing our covered call Google sheet and this week, we have added a new column - the risk-reward (RR) column. This column will show the risk-reward profile by calculating the sell price divided by the Delta for that strike price and expiration. Our goal is to optimize the premium we receive while minimizing the risk of getting called away, especially for positions where the strike price is lower than the buying price.
We believe this new column will help us optimize our covered call strategy and in this video, we will walk you through the process. We will also discuss other important factors to consider when picking a strike price.
Get 24X7 Access to our Covered Calls ROIC & other Google Sheets, as well as Many Additional Benefits by Joining our Patreon at the All-access or VIP levels Now at https://www.patreon.com/BeachBumTrading
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CHAPTERS
00:00 - Introduction
00:52 - Covered Calls Enhancements
05:38 - Options Playlist
06:31 - BeachBum Trading Sites
07:20 - Discord Invite
TRADING PLATFORMS
✅ Webull – Get FREE stocks with Webull https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! https://bit.ly/3zP6rvB
✅ Public Investing https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
RELATED VIDEOS
Top Swing Trading Stocks to Watch | 1/6 – 1/10/25 | AMDY BDRY LODE MED SLP SSTK TAIT TMF & More https://youtube.com/live/Qcf0mwXYzkE
How To Sell Covered Call Options in Webull https://youtu.be/2nJQPZPgr90
How To Sell Covered Call Options in E*TRADE https://youtu.be/8_tUGOYc35I
You may / Please see All of the BeachBum Trading videos in our [Option Strategies For Beginners With Examples] series, All for FREE, at https://www.youtube.com/results?search_query=%22Option+Strategies+For+Beginners+With+Examples%22
You may / Please see All of the BeachBum Trading Options related videos in the Options YouTube Playlist, All for FREE https://www.youtube.com/playlist?list=PLH_4RiO370FO74wfhoOft4ZzorM9CR6NX
#coveredcalls #coveredcall #optionsstrategies
REFERENCES
[ Weekly Trading Game Plan Notes for 1/6 – 1/10/25 - Part 2 https://docs.google.com/document/d/1Z6NVf3hUFwzauvUPpu2PU-3kIYJ8dkZ-MrhNFv5wguA/edit?usp=sharing
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