This week, I sold call options to make $165. What would you do with $165 extra this week?
To be clear, this is not investment advice, and I don’t actually suggest you do what I do. I just suggest you learn about it and see what it could be for you!
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I got burned a few weeks ago, and so I have not been trading as much lately as I wasn’t able to hit my goal of 1% return. I’d try to sell contracts but nobody would buy at that price. That’s OK. I’m still keeping on.

Also, my passive income this month is still in the positive, even if the stocks are down overall.

I sold 11 calls of $RUM for $.15 each at a strike price of $10. That’s what my basis is so that’s right where I want to be selling. If it gets called away, it’s no big deal. I made 1.5% return on this on this trade.

My basis in $RUM is $10.

My Adjusted Basis for $RUM is $8.20.