John Kmiecik is the head options instructor for Market Taker Mentoring, and co-author of the eBook 3 Secrets to Making Money in Any Market. Get your complimentary copy of his option trading eBook.
A covered call strategy is ideal for a stock that's rising gradually. But it's also wise for traders to have strategies at hand no matter what happens next.
Altria Group is coming off a fantastic earnings report and sports a friendly six-month chart. Use this options trade idea to profit off the tobacco giant.
Verizon should have resistance around $44 and has reasons for optimism, making it a potential covered call candidate. Here's a trade idea with that in mind.