What is a Covered Call?
Most investors let their stocks sit in a brokerage account doing nothing.
But there’s a simple way to turn your portfolio into a paycheck machine—without selling a single share.
It’s called a covered call, and here’s how it works (beginner-friendly breakdown):
✅ You own 100 shares of a stock
✅ You “rent” those shares out by selling a call option
✅ You get paid upfront—cash in your account instantly
This income is called a premium, and you can do this every single week.
It’s like owning rental property—but with stocks.
📈 Example:
You own 100 shares of Apple at $170.
You sell a $175 call option and collect $1.50 per share = $150 in income.
- If Apple stays under $175 → You keep the shares and the $150
- If it rises above → You sell the shares at $175 (a profit) and keep the $150
This is one of my favorite strategies for consistent income.
And it’s how I help professionals replace their paycheck with options.
🎥 Want the full step-by-step tutorial?
I break it all down in this video:
📍Want a roadmap to create weekly income with options?
Grab the free Replace Your Income Roadmap
Let’s build consistent income—one high-probability trade at a time.
—
Casey Stubbs
Freedom Income Options
Replace Your Paycheck, Reclaim Your Freedom.
Casey Stubbs