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Selling Covered Calls

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Selling Covered Calls

Dear MM Team Thanks for continued good advice which is always appreciated. You have not recently suggested extra income opportunities in respect of selling covered calls over those stocks you hold which also have call options listed. Could this please be a feature of your daily reports and website. I recall that selling calls over held stocks was a favourite strategy of Shaw's in the old days, and for all I know may still be. Regards, Gil

Answer

Hi Gil,

At this stage, Market Matters is not licensed to provide general advice on options as you’ve asked for. Shaw and Market Matters are two separate businesses, with Shaw being a minority shareholder, operating under separate licenses. James and his team do deal in options via Shaw. We’ll take the feedback on board though and may look to expand MM coverage down the track.

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