We will explore the covered call strategy that can profit in your stock is up, down or flat. Covered calls have a long stock position and a short call option position. The stock profits as the stock moves up in price. The short call position profits as the stock moves down in price. The short position provides downside protection if the underlying stock declines in price. Covered calls are also known as buy writes.

Chuck Hughes Online – Legging in to Debit Spreads

 

The PowerTrend System has produced a lot of profitable call option trades over the years. When you have a profitable call option trade should you hold the trade for further upside profit potential . . . or do you take profits in case the stock declines in price with the possibility of a profitable option trade turning into a loss?

 

Ask yourself this question: ‘Will this matter a year from now?’
–Richard Carlson, American psychotherapist and author of Don’t Sweat the Small Stuff

What if I told you that 10 years from now, your life would be exactly the same? I doubt you’d be happy. So, why are you so afraid of change?
–Karen Salmansohn, best-selling self-help author

As I look back on my life, I realize that every time I thought I was being rejected from something good, I was actually being redirected to something better.
–Dr. Steve Maraboli, speaker and author

 

 

Related Video Program

Options Trading for Beginners (The ULTIMATE In-Depth Guide)

Options trading is a very difficult thing to learn as a beginner, as there are many moving parts and many concepts to learn simultaneously. In this video, my goal is to bring you from zero to hero in a few hours, even if you don’t know anything about trading options.

We are going to explore the world of options through many examples and graphical illustrations, and explanations simplified as much as possible. My goal for this video is to provide you with an overview of the biggest options trading ideas and get you to a point where you understand the concepts intuitively, and not just things you’ve memorized.
 

Related Training Program

What is the Wealth Building Way Academy

Learn More about Wealth Building Way here: Click Here Now!
The Wealth Building Way Academy is a Free Video Training
Course Available only to our Readers and Subscribers. Its
A thorough and detailed training available to you. Find
out more about it here. Click and Learn.

Related Articles

• Chuck Hughes: Weekly Paycheck Strategy
• THE TECHNICAL TRADERS – RECENT INSIGHTS AND ANALYSIS ROUNDUP
• Chuck Hughes: Trading Weekly Options by Hughes Optioneering Team
• How To Invest For Retirement?
• Chuck Hughes-Lifetime Income System

Announcing Your New 21st Century

Dear Trader,

Follow me on what could be the most exciting and rewarding adventure of your life!

“I guess you could call it a hobby for me because I do enjoy doing it.
But it’s also a job, because it provides an income source. So it’s a job
that I enjoy doing. And it can be very exciting.”

Dr. Jack, Hilton Head, SC –Retired Optometrist

“For me it’s income in excess of $150,000 a year… Spending just a
few minutes a day… And I can do it right on my phone from just
about anywhere!”

Craig F., Central CA — Retired Program Director

“I’m averaging over $10,000 a month. We went on cruises to Nova
Scotia, the Mediterranean, Alaska… And I was able to help two of my
children buy homes. We couldn’t have done this before.”

Rod W., Atlanta, GA Retired Pharmacist

Health, wealth, and happiness go hand-in-hand…

Click here to find out how you can potentially ignite all three!

Sincerely,

Chuck Hughes

PS Imagine if it were possible for you to enjoy a 6-figure income… PLUS
increased mental & physical vitality well into your ‘90s… CLICK HERE

 

 

How to Create a Steady Income in Retirement

A Message from Chuck Hughes on how to create a continuous and steady income in retirement

I wanted to share this timely training on how to potentially bankroll your retirement in just 6 minutes per day thanks to my “6 Minute Income Secret.” Are you ready?

I’ll give you a little “sneak peek” at just one of the things I’ll be teaching you.

You’ll get an exclusive look at my personal portfolio and I’m going to share how I actually made $33,000 in a single day on what was a HORRIBLE day for most investors…

If this sounds good to you, make sure you attend the training, be ready to take some notes, and I’ll see you there.

This is going to be really, really helpful for you…

Click Here To Get Access Your VIP Training Now

Sincerely,

 

 

Chuck Hughes
Creator of the Award-Winning
Hughes Optioneering®