Easy Income Covered Call | Low Risk VOO Options Strategy
In this video, we'll use stocks we already own in our brokerage account to generate additional income. To execute a covered call options strategy, you'll first need to own 100 shares of the underlying stock or ETF.
The ETFs used in this example are Vanguard's S&P 500 ETF - VOO and Vanguard's Total Market ETF - VTI
00:00 - Intro
00:28 - VOO & VTI Tickers
00:52 - VOO Charts
01:17 - Options Chain Basics
02:14 - Strike Price Explained
03:06 - Chance of Profit
03:32 - Vanguard VTI Options Chain
04:15 - Actual Numbers
05:03 - Monthly Income
05:42 - $5000 Annual Income
06:00 - Potential Risks
07:22 - Other Tickers
DISCLAIMER: I am not a financial advisor. The information contained in this video is for entertainment purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and we do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion, and other's opinion, with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
