written by reader Covered calls on dividend stocks for long term cash flow

by xiexgp | October 31, 2013 3:16 pm

I had an opportunity (for about 2 minutes) to talk with Jon Najarian about options[1] and portfolio growth. He told me that for his daughter’s college fund he owns MO, sells calls monthly, and receives a dividend for a steady income. He undoubtedly owns a boatload more shares than I could but do any Irregulars use this strategy? Would you be willing to share your thoughts, results? Thanks!

Endnotes:
  1. options: https://www.stockgumshoe.com/tag/options/

Source URL: https://www.stockgumshoe.com/2013/10/microblog-covered-calls-on-dividend-stocks-for-long-term-cash-flow/


4 responses to “written by reader Covered calls on dividend stocks for long term cash flow”

  1. bwd1up says:

    Hello, I am interested as well. I just finished watching another Stansberry pitch teasing a secret algorithm and newsletter Retirement Trader. The claim is he will send you the exact strategy and positions to take on a regular basis, and futher claims he is 129 of 129 consecutive picks. Naked Puts?? Has this been discussed in previous issues here – i’m a week old irregular. The Retirement Trader is pricey – the offer is 3K and at a 25% discount. Any information would be appreciated!

  2. harvey manhal says:

    Don
    t let covered calls go deep in money. Roll them before too deep in money

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