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I made over $1,000 in options premium from a handful of trades in just one week, including a cash secured put on Oracle and covered calls on Nvidia. This video breaks down exactly how the trades worked, why Oracle’s earnings created unusually high option premiums, and how the trades turned out. I also explain the basics of cash secured puts and covered calls, including the risks and tradeoffs involved with each strategy. This was an unusually strong week, not a typical result, but it shows how options can generate additional portfolio income. The video also covers how these strategies compare to the options income ETFs that use similar trades automatically.
Check out my favorite research tool Seeking Alpha! Premium: https://link.seekingalpha.com/3B2L85W/4G6SHH/Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice. Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. As an Amazon Associate, I earn from qualifying purchases. Affiliate commissions help fund videos like this one