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Selling ITM Call Options - Buy high, sell for less, make money... How it works and when to use it.

Wealth Adventures
12.7K views1 month ago
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#optionincome #monthlyincome #calloption Buying a stock and offering to sell it for less! Is it possible to make money that way? Yes! It will even offer you some protection. Let me show you how! If you are new to options this might sound strange and it might change how you look at options. I will show you how I like to use ITM (In the money) call options to generate returns. This strategy works on any platform - Fidelity, Etrade, Robinhood. Thanks for watching! Have fun and keep investing! This video is sponsored by Public. Check out Public using this link: https://public.com/wealthadventures Public now offers direct indexing for as little as $1000. They also offer rebates on option trades. SEEKING ALPHA AFFILIATE LINK: If you are interested in joining Seeking Alpha you can use the link below. Use this special link to trial Seeking Alpha for 14 days prior to purchase: https://www.sahg6dtr.com/7GQSPJ/R74QP/ As an affiliate of Seeking Alpha, I do receive compensation for signups with this link. My opinion is my own and does not reflect those of Seeking Alpha and this video is not a recommendation or advice for any particular security. Taxes and covered call: https://www.fidelity.com/learning-center/investment-products/options/tax-implications-covered-calls https://www.investopedia.com/articles/active-trading/053115/tax-treatment-call-put-options.asp 0:00 Intro 2:02 The Mechanics - OTM vs ITM 7:30 Rolling to ITM for protection 9:45 Sponsor - Public 11:08 Using ITM for income and a buffer 13:41 Using ITM to EXIT a position for a bit more 16:01 Consider taxes... See articles below Additional Tags: Option Income ETFs. Growth ETFs