Covered Calls: Generate $1,000 in Income With These 3 Trades

Trade two companies you know ... and one you might not

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Covered Calls: Generate $1,000 in Income With These 3 Trades

This week, I have a hankerin’ for some covered calls that will generate a cool thousand bucks of income.

CashRich185 Covered Calls: Generate $1,000 in Income With These 3 Trades
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Of course, I always have this hankerin’.

One thing I like to do is offer investors and traders a few plays each week that in total would bring them about $1,000 in monthly income. Not to do the math for you, but if you play that out, just trading one set of these would theoretically bring you $12,000 in annual income.

For this week’s set of options trades — we’ll use covered calls, as I said — I’m going to look at two really big companies you all have certainly heard of, as well as one name that’s only familiar to those who read my column.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/04/covered-calls-praa-an-hd-stock/.

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