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#38 Covered Calls With Eric “The Wolfman” Wilkinson
February 25 @ 4:15 pm - 5:15 pm EST
The Covered Call Strategy is an options strategy that is a market-neutral strategy that can be used to help lower the cost basis of the stock or to create extra income for a portfolio. When a trader sees the market at historical highs and is struggling with: is the right time to buy stocks, should s/he take profits on current positions and/or how to limit risk, it is likely the time to implement a Covered Call strategy.
Join Eric “The Wolfman” Wilkinson, former Chicago Board of Trade floor trader and 25-year professional trader, as he explains how traders of Covered Calls can limit one’s risk by lowering their cost basis in an IRA or a margin account. Eric will show the correct way to trade a Covered Call even in a bull market.