An idea if you have Tesla stocks and other technology stocks

If you have stocks like ‌$Tesla Motors(TSLA)$or other stocks in ‌$Invesco QQQ Trust(QQQ)$‌, $ARK Innovation ETF(ARKK)$you may consider a "covered call" strategy. 


A "covered call" is a simple options strategy used by many institutional managers. But with recent technological advancements, it is available to all of us at an extremely low cost.

Yes, the covered call uses options derivative and the word “derivative” sounds scary. But if used correctly, it can enhance your portfolio returns. 


https://www.sgmoneymatters.com/stock-portfolio-covered-call-option-strategy/


 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Papa Bear
    ·2022-08-18
    nice suggestion [Miser]
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  • GlenKeith
    ·2022-08-18
    [What]
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  • SanWangtikup
    ·2022-08-18
    Ok
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  • HoSei
    ·2022-08-18
    TQ
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  • Impalement
    ·2022-08-18
    [smile]
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  • pretty1688
    ·2022-08-18
    [smile]
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