Covered calls
Technique
Generating weekly premium income of 2-3% while hedging downside risk on stock positions
"If I can collect 2-3% premium per week on a company selling covered calls, then I know if the company goes down 3% I'm exactly where I was. If it goes up, I collect 3%. If it stays the same, I collect 3%. It decreases my stress because it's a hedge against ..."