Summary:
– The author owns a significant amount of Apple stock and is using call options to generate income from their position.
– By selling call options on Apple shares, the author can receive income through premiums and potentially lower their exposure to the stock.
– The author also discusses a strategy of reinvesting options income into other dividend-paying stocks to further diversify their portfolio.

Key Points:
– The author explains the potential outcomes of their Apple options trade, including letting shares get called away or rolling the option forward for additional premium income.
– The strategy involves actively managing options positions to generate income, which has been successful for the author over the years.
– The author highlights the benefits of using an ETF like the JPMorgan Nasdaq Equity Premium Income ETF to generate passive income through options strategies.

Key Points:
– The JPMorgan Nasdaq Equity Premium Income ETF uses a disciplined options overlay strategy to generate income for investors.
– The fund also holds a portfolio of stocks selected based on fundamental research, with Apple being a significant holding.
– The ETF has delivered a robust income yield of 11.3% over the last 12 months, providing investors with both income and potential price appreciation.

Key Points:
– The author discusses the trade-off between actively selling call options on Apple stock and passively investing in an options-focused ETF like JEPQ.
– The ETF allows investors to collect passive income from options strategies while benefiting from the potential upside of its equity portfolio.
– The author emphasizes the importance of considering other investment options beyond Apple stock for potential returns.

Read more at Nasdaq: Inside My Unique Passive Income Strategy on Apple (And How You Can Easily Mimic it With This ETF)