The Covered Call Strategy is one of the first strategies that new traders start trading. Traders might use a Covered Calls on stocks that they have in their portfolio for longer periods of time.
The Covered Call Strategy is one of the first strategies that new traders start trading. Traders might use a Covered Calls on stocks that they have in their portfolio for longer periods of time.
For the specific example that we’re going to cover today, we’ll take a look at JP Morgan (JPM). If you were holding JPM stock in your portfolio before the pandemic, chances are that you are underwater.
For the purpose of full transparency, I do not own or hold any JPM stocks. I typically only hold stocks between 5 and 25 days.