Call me if you want to discuss this. (705-441-4566)
First, ignore market fluctuations. Regardless of what the S&P 500 (the US economy) does, it will recover and continue to rise (but not forever).
Investors can still make over $100 US (about $143 CAD) per contract selling covered calls on SPY or it’s equivalent predecessors. That works out to 16% annually, safely, and has done so for 200 years!
Here is how to do it.
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