Selling,the,money,covered,call finance, share, loan Selling in the money covered calls


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One way to lower the risk of buying an undervalued stock is to simply sell an in the money covered call on it. Let's look at this, when you sell a call on a stock you own you get to collect money from the call. In exchange you are obligated to sell a stock for that price, if it reaches that price or higher by a certain time frame. When you sell an in the money call on your stock you are actually selling a call with a strike price lower than the price of the stock you own. For instance you own a stock trading at $35 and sell the call with a strike price of $30. Why would you do this? Because the premiums are often much higher as well. That $30 call might be giving you $6 or $7 for a 1 month out call. If you buy a stock for $35 and sell it for $30, but got paid $6 you still pocket a $1 or a 2.8% gain in 1 month. There's many advantages of selling an in the money covered call. 1. High profit potential. Selling an in the money covered call can give you 2,3 or even 4% a month off of your investments if the stock stays up, Not many people dream of getting that kind of return. 2. Lowered risk. When you sell a stock for $35 it is as if you bought the stock for less. Think about it, you paid $35 but got paid $6. In which case it is like you bought the stock for $29. Now there are some risks with this strategy, like everything else you have to pick stocks that are stable. If you buy a stock that goes bankrupt the small amount of money you collected for premium will not help you very much. Besides this risk, you have 1 other risk whenever you sell covered calls on a stock; you are risking your potential profits. If the stock shoots up to $42, oh well. You still have to either sell it at $35 or buy the call that you sold back at a much higher price. All this considered selling covered calls can be a great way to provide income especially when the markets are acting like they are today. Article Tags: Money Covered Call, Money Covered, Covered Calls, Covered Call

Selling,the,money,covered,call

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