Earn 3% monthly Buy 100 shares of Manulife and sellcall 6mth

Earn 1% monthly Buy 100 shares of Manulife and sellcall 6mth

Let's say we buy 100 shares of Manulife now at 17.55 and sell call at 6 months taking a premium of 1.80 lowering the cost to $15.88

I think is a workable method as . I have a buffer of it to drop by $2 before I encounter any losses 


Also in the meantime I will collect quarterly dividenda at 22 cents or 0.22 per 3 months 

If this expire worthless I earn 1.85 from premiumsand also 0.66 dividend which equates to 2.5 of cost 15.88 around 20 % for 6 months or around 3% monthly 

Repeat and move on earn 1 or 2 or 3 % monthly 

When you sell a call option, you're selling the right, but not the obligation, to someone else to purchase the underlying security (stock) at a set price before a certain date (expiration). You charge a fee (premium) of a set amount per share.@TigerEvents@TigerStars@TigerStars@TigerEvents@Daily_Discussiondo feature me so people learn more above sell call options for their stocks 


@SPOT_ONcome join Manulife on top of the reit

# 💰 Stocks to watch today?(27 Dec)

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  • Thalos
    ·2022-09-13
    Detail analysis. But all positions always have a worst scenario
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  • super7white
    ·2022-09-14
    Great ariticle, would you like to share it?
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  • Padres
    ·2022-09-14
    It workable for all dividend stocks but I‘m curious why Manulife over a consumer staple or utility that would be more defensive in this macro envir onment
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  • LalaLand
    ·2022-09-14
    interesting read. Please share your experience after execution.
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  • GerryLoh
    ·2022-09-14
    good sharing thanks
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  • niceeeeeee
    ·2022-09-14
    So cheap below 20
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  • N41319
    ·2022-09-15
    Good deal
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  • Optionspuppy
    ·2022-09-12
    Ya just like that [Miser][Happy] do give me a like for sharing [Happy][Smile][Smile][Smile]
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  • Blinkfans
    ·2022-09-14
    Whoah interesting  puppy stock dun care
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  • WernerBilly
    ·2022-09-13
    Is this your trading strategy?
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  • niceeeeeee
    ·2022-09-14
    Whoah so cheap below 20
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  • Alvinkctan
    ·2022-09-15
    Noted with thanks.
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  • summerlad
    ·2022-09-15
    interesting
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  • Matrix Rev
    ·2022-09-21
    when you buy the share there is risk of price going down in 6 month. If you sell call and price moves up you only profit the premium of call. Not a gd plan.
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  • elvinfu
    ·2022-09-15
    The problem is tiger doesn't support covered calls [Happy]
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  • Big Little
    ·2022-09-15
    Isn't it easier to just short a put? As that is what you are effectively doing. Unless the total collectable returns are more
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  • Abby06
    ·2022-09-15
    good sharing
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  • bs6969
    ·2022-09-14
    Nice puppy I am so hot give me a like and I will dance
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  • Optionspuppy
    ·2022-09-14
    Guys do repost if u think is good
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  • Kat1407
    ·2022-09-15
    can consider to xplore
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