What Is A “Poor Man’s Covered Call” Strategy?

About this episode

This episode explains the Poor Man's Covered Call strategy, allowing investors to generate passive income from high-priced stocks with lower capital requirements.

If you've ever wanted to generate passive income from high-priced stocks like Tesla or Nvidia but were held back by the massive five-figure capital requirement, this episode is for you. We cut through the jargon to reveal how this strategy—technically known as a Long Call Diagonal Debit Spread—lets you "rent" a stock's price movement for a fraction of the cost of owning it. In this episode, we break down the mechanics of replacing 100 shares of stock with a deep-in-the-money LEAPS option. You...

Topics covered

• options trading
• passive income
• investment strategies
• high-priced stocks
• LEAPS options

Keywords

• Poor Man's Covered Call
• options trading
• passive income
• LEAPS
• stock price movement

Sponsors

OptionGenius.com

Mentioned in this episode

Products: Tesla, Nvidia

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