We use Covered Calls to capture the rewarding premiums of the volatile Russell 2000 3X ETF, $TNA.
We are not day traders, swing traders, or option gamblers. We are investors using the strategy that investment professionals use to generate income for their clients. If you are interested in enhancing the value of your IRA and/or brokerage account you should consider the time-tested, basic, and conservative Covered Call strategy. It is a very straightforward strategy, easy to understand, implement and control.
- Our Room is unique in that we use only one equity, the Russell 2000 3X ETF, $TNA.
- Due to its extreme volatility, $TNA offers very rewarding premiums that we capture with our strategy.
- We Sell deep IN THE MONEY Calls to Call buyers with a conservative goal in mind.
- Our strategies usually employ at least 10% downside protection to capture a minimum 2% return using weekly options.
- Typically our trades last less than 14 days and generate annualized yields from 50% to 100%.
- Our trading history and current trades are meticulously tracked on our spreadsheet.
2. Stock investing is subject to many outside influences and can change day to day.
3. Subscribers agree that they alone are responsible for their trading actions and the moderator will not be held responsible for personal losses.
4. The moderator has the exclusive right to monitor and delete any post that he considers to be rude, insulting or otherwise negative.
5. The moderator may not be accessible for short time periods due to family obligations, vacations or illness.
6. Investing with Covered Calls is most effective during bullish market conditions. There may be times when no investing opportunities are presented.
7. Subscribers are free to present their own ideas and are encouraged to do so. They, like the moderator, will not be responsible for possible losses from their ideas.