Making 16% annually using derivatives
The link below leads to a relevant Forbes article by William Baldwin, updated on Dec 14, 2020.
https://www.forbes.com/sites/baldwin/2012/07/17/covered-calls-what-works-what-doesnt/
This post will show how investors can earn 16% annually safely writing (selling and never buying) covered calls and cash-secured puts. Read again. …16% annually safely…
Investors can do this with any investment bank. Those who want to review the subject with me can call me at 705-441-4566. They should be with TD WebBroker in Canada and TD Ameritrade in the US to make discussions easier.
To write (sell) covered calls, investors need to own an exchange-traded fund that tracks the S&P 500. That means no stock picking. The best security for this approach is SPY in board lots, that is, in groups of 100 shares.
Step 1.
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