Most investors buy stocks and hope they’ll go up in price. They do nothing in the interim to generate cash flow from those stocks while they sit in their portfolio.
Dividends are a good start. But did you know that it’s possible to accelerate many payouts by writing covered calls?
I’ll explain. And I’ll also highlight some popular exchange-traded funds (ETFs) and closed-end funds (CEFs) that will help you generate 10% cash yields or better from this income strategy without actually handling an options contract yourself.
A call option is a contract that gives its buyer the right to purchase a stock from the seller for a certain price within a certain period of time.… Read more