The Power and Pitfalls of Covered Call Options
By Dale Gillham
General Advice Disclaimer
General Advice Disclaimer
This article is for general educational purposes only and does not take into account your personal financial circumstances, objectives or needs. Before making any investment decisions, consider your individual circumstances and seek independent financial advice if necessary.
In this week’s Talking Wealth podcast, Dale discusses the powerful and well-known income strategy of covered calls, as well as the pitfalls of this approach. There is no doubt that writing covered calls is a great way to dramatically increase income if you use the right strategy, especially for those with SMSFs and or are retired with a sizable stock portfolio.
