The tension between North Korea and the U.S. has caused the U.S. stock market, as well as markets around the world, to decline. This brief decline is known as a pullback.
Because we can’t always anticipate when pullbacks will occur, as skillful traders we always sell in the money covered calls as a way of hedging against a market pullback.
As you will see over time, selling in the money and out of the money covered calls will protect your portfolio and allow you to generate monthly residual income.
In the weeks and months ahead, I will be addressing more sophisticated ways to hedge.
There’s a lot to learn.
Stay Open! Stay Positive!
Tyrone Jackson
The Wealthy Investor
