Call me if you want to discuss this. (705-441-4566)
We sold covered calls on SPY first thing in the morning with an expiry date on the same day at the end of trading.
We got $197.50 US per contract. We have enough shares of SPY to live comfortably on that income without touching the principal.
We did this in less than five minutes after the market opened at 9:30 AM.
If you don’t know how to do this, I will happily show you at no charge. However, I would ask you to make a contribution to our chess tournament.
