Option Trades Today

Covered Call on Robinhood Stock


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Robinhood stock dropped from $120 to $75. Most traders would either hold and hope or cut the loss. Jamal bought it and immediately sold a call against it.

A covered call turns a stock position into an income trade. You buy the stock, sell an upside call, and collect premium that lowers your cost basis every single cycle.

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Option Trades TodayBy tastylive

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