Covered Calls Explained - The Cost of Income

The covered call strategy is popular online given its ability to generate "bonus income," but it comes with its drawbacks. We'll dive into both the pros and cons with today's video.00:00 – Intro02:05 – Covered Call Overview04:44 – The Pros05:41 – The Cons09:16 – Risk-Adjusted Returns10:48 – Why You Need to Be Cautious11:33 - ConclusionDISCLAIMER: This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer). Learn more about your ad choices. Visit megaphone.fm/adchoices