Wealth and Health Podcast

Covered Calls: The "Triple Your Income" Lie EXPOSED? [An In-Depth Analysis]


Listen Later

FIRST EPISODE FROM BEST STROCK STRATEGY PLUS!

Covered calls are promoted as a "safe" way to triple your income, but in my opinion, it's a losing strategy that could be costing you a fortune. In this video, we'll debunk the "passive income" myth and show you why simply holding the stock is superior.

This video is a detailed analysis and rebuttal of Mark Yegge's "3x your covered call income" strategy. We'll use real data and a specific Apple trade example to expose the critical flaws in this popular method. You'll learn why covered calls dramatically underperform the market (by up to 6% annually according to data), why the tax implications are worse than you think, and why you're trading huge upside potential for just a few pennies in premium.

Don't fall for the "retire and travel the world" dream sold by these courses. Watch this video to understand the real math and risks before you cap your gains.

TIMESTAMPS:

0:00 - The "Triple Your Income" Promise 0:50 - Proof: Covered Calls Underperform by 6% Annually 1:15 - Debunking the "Overpriced Options" Myth 2:10 - Are Mark Yegge's 4 Steps Flawed? 5:30 - The Apple Trade: A Real-World Example of Capped Gains 6:00 - The Painful Math of Rolling Deep In-The-Money Calls 7:00 - Final Verdict: Why I NEVER Sell Covered Calls

Resources Mentioned:

BXM vs. SPY Performance Chart

Beststockstrategy.com and David Jaffee

What are your thoughts on covered calls? Do you agree or disagree? Let me know in the comments below!

#coveredcalls #options #passiveincome

...more
View all episodesView all episodes
Download on the App Store

Wealth and Health PodcastBy David Jaffee

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

66 ratings


More shows like Wealth and Health Podcast

View all
Motley Fool Money by The Motley Fool

Motley Fool Money

3,216 Listeners

The Option Alpha Podcast by Kirk Du Plessis

The Option Alpha Podcast

1,155 Listeners

Options Boot Camp by The Options Insider Radio Network

Options Boot Camp

179 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,310 Listeners

Stock Market Options Trading by Eric O'Rourke

Stock Market Options Trading

297 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

815 Listeners

Market Mondays by EYL Network

Market Mondays

4,033 Listeners

The Weekly Show with Jon Stewart by Comedy Central

The Weekly Show with Jon Stewart

10,785 Listeners

Easy Investing Income by James Adams

Easy Investing Income

1 Listeners