Why I Use Covered Calls: Monthly Income, Strategy

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Description:
In this video, I break down why I use covered calls as part of my long-term investing strategy—especially inside tax-advantaged accounts like Roth IRAs. Whether you're looking to generate steady monthly income, reduce downside risk, or are open to selling your stocks at a premium, covered calls can be a powerful tool.

🧠 What You'll Learn:

Why covered calls are ideal for long-term holders who want extra income

The basic requirements (100 shares, option approval, etc.)

Why volatile stocks yield better premiums than dividend stocks

My personal method: targeting 0.20 delta strike prices on a monthly timeframe

Risks like being assigned and limiting your upside

💡 Key Takeaway:
If you’re not using a tax-advantaged account, your capital gains are taxable—so consider strategies like this inside an IRA.

📌 Coming Soon:
In a future video, I’ll dive into the Wheel Strategy and selling puts to generate income from cash reserves.

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