Investors are turning to covered call options to generate income amidst market volatility. Barchart’s Senior Market Strategist explains the strategy and how to use their Covered Call Screener. Covered calls involve owning shares, selling call options, and collecting premiums. Traders use them to generate income, offset volatility, enhance returns, and earn while waiting to sell. The biggest risk is having shares called away at expiration. Covered calls work best in specific market conditions and pairing with technical analysis gives traders an edge. Barchart offers tools like the Covered Call Screener and Profit/Loss Charts to find opportunities. Watch the Covered Calls Clip for more information.
Read more at Barchart: This Options Strategy Turns Your Stock Portfolio Into a Consistent Income Generator
