Covered Calls During Volatile Times

Covered calls can be a great way to profit when the3. There are good long term investments
stock market is trending sideways. If you don't knowThere are always good investments in the stock
which way stocks are going to go it isn't a bad ideamarket that you can afford to buy and hold for a
to sell some calls on strong stocks.few years. Why not buy a strong ETF and sell few
Some reasons Selling Covered Calls can be a goodcalls on the stock while it is going through a sideways
idea are.trend.
1. Monthly Income4. If the markets recover you will be in a good
Selling calls is a nice way to make a monthly incomeposition
from the stock market. If you are a dividendIf you buy some strong stocks to sell calls on and
investor a 2-5% cash flow after a year might seemthen the market starts making new highs, well you
good enough. Forget about dividends covered callsare going to be in a spot where you own a stock
can normally produce a profit of 2-5% a month ifand the markets are going up. You can always stop
you do it right.selling calls on it and just enjoy the benefits of a
2. Non Trendingrising market.
There is no need to look for a trending stock andOf course if the markets start heading down you
attempt to ride it all the way up. Selling covered callscan stand to lose a lot so it might be wise to have
allows you to profit from the stock market even if itsome point where you are going to limit your losses
is not making new highs. The only thing you need isif you are wrong.
for the stock not to move down too much.