$18,000 A MONTH IRA Covered Call Trades for 2023 – 401k

by | Feb 7, 2023 | 401k | 16 comments

,000 A MONTH IRA Covered Call Trades for 2023 – 401k




$18,000 A MONTH IRA Covered Call Trades for 2023 – 401k
This is not financial advice

In this new video about $18,000 A MONTH 401K Covered Call Trades for 2023 I talk about using The Poor Man’s Covered Call Writing for profits to generate income and if you get your financial education and experience, chances are you too can use the strategy of Covered Call Writing for profits for success.

I use Covered Call Writing for profits to generate passive income for my monthly cash flow. Covered Call Writing for profits allows me to generate THOUSANDS of dollars a month in cash flow income in retirement although not in retirement yet … I generate passive income using the Covered Call Writing for profits investment strategy to do this for weekly and monthly cashflow income money!

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Unless otherwise mentioned, I use my money, 100% real money Covered Call trades or Cash Secured Puts … I never paper trade my Covered Call or Cash Secured Puts trades and can prove any trade I mention … you want proof, you can email me directly at corepositiontrading@gmail.com and we will setup a time and date to discuss via email with a PayPal donation to a charity so you get SKIN IN THE GAME if you’re gonna ask me to prove a trade … been asked too many times then I hear nothing back … wasting my freakin time.

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Core Position Trading LLC. Disclaimer blah blah blah – Why are you reading this? Ok, I guess – Disclaimer: Everything expressed in this video is a personal opinion provided for entertainment value only. I am not a professional nor a financial advisor. These are not instructions, suggestions, nor directions as to how to handle your money. Please, always do your own due diligence. Also, I may earn a commission for purchases made using my links. Do not treat any opinion expressed on this YouTube channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this YouTube channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This YouTube channel is not under any obligation to update or correct any information provided in these videos or their descriptions. Statements and opinions are subject to change without notice. Past performance is not indicative of future results. This YouTube channel does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this YouTube channel. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested or lose more than their original investment. Investments or strategies mentioned on this YouTube channel may not be suitable for you. This material does not consider your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this YouTube channel. Before acting on information on this YouTube channel, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor.

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Are you looking for a way to make your retirement savings grow even faster? If so, you may want to consider the $18,000 a month IRA covered call trades for 2023 – 401k. This strategy can help you maximize your returns while still maintaining control of your investments.

This strategy involves buying call options on stocks or ETFs that you already own in your IRA. You then sell the call options for a premium, which is a fixed amount of money paid upfront for the right to buy the underlying asset at a predetermined price. If the price of the underlying asset increases, you can exercise your option to buy the asset at the predetermined price, thus making a profit from the difference.

This strategy is especially beneficial for those who are looking to increase their retirement savings in a relatively short amount of time. By leveraging the power of options, you can potentially generate a return of up to 18% per month. This is significantly higher than the average return of the stock market, which is typically around 8-10%.

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The key to making this strategy work is to choose the right underlying asset. You should look for stocks or ETFs that have a history of consistently increasing in value over time. You should also look for assets that have a high implied volatility, as this will increase the amount of premium you can receive for selling the call options.

Finally, you should make sure that you are comfortable with the risks associated with this strategy. Although you can potentially make a lot of money in a short amount of time, there is always the risk that the underlying asset will decrease in value, resulting in a loss. Therefore, it is important to make sure that you are aware of the risks before entering into this strategy.

Overall, the $18,000 a month IRA covered call trades for 2023 – 401k is a great way to increase your retirement savings in a relatively short amount of time. By leveraging the power of options, you can potentially generate a return of up to 18% per month. However, you should make sure that you are aware of the risks associated with this strategy before entering into it.

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16 Comments

  1. Core Position Trading

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  2. Jeremiah Miller

    There’s no way in hell I’d do that trade

  3. Twell62

    John great video, Im working up a plan to do something similar, going to use 145k which is 10% of my IRA and is sitting in cash. Will do the wheel with the following ETFs (UPRO< TNA< SOXL<TQQQ) equal amount for each selling CSPs monthly 30day options, will try to use .25 delta and generate +5,500 per month, im retired and very familiar with selling premium and currently sell CCs on my equity dividend stocks monthly. John Whatcha think ?

  4. H Gregory

    This is my goal John. Trade between 300 to 500k and make 15 to 20k. Thanks for the blueprint

  5. What would G do Now! GVKPierce

    I had an AAPL Put for Jan 13 th S2O (1) $122 put @ 1.34 = $133.34 B2C @ .01 =$1.01 but then it went up from $124.76 to $ 134.53 so I didn’t have enough to do the $130 put I did receive 1.08 % for 8 days but I had to change to 5 other puts because my account is down from $100,000 to $56,640 not enough cash.☹️ very bad year for me.

  6. Max Sterling

    That is just amazing: collecting $390 in premium while theta eat away the value of your cash-sucured-put and theta decay is exponential in the last 30 days All these factors work in your favour. Excellent trade. If you can do this with stocks like JNJ, K, MMM, etc. if you can definitely get $1000/week. Even if you are assigned, you got those stocks at a discount, then you should sell covered calls till you are exercised.

  7. Tom Kaufmann

    Hey John. Good seeing you in front of the camera. Looking forward to see how things go with you IRA investing. Good luck! I’ll be checking in every week to see what happens.

  8. chillrobp

    18k a month requires a lot of capital in order to be high probability, you'd need like 550-600k for that to be like 3-4% a month, which is realistic. But if you're trying to make 18k a month with less than 500k, it becomes much more unrealistic.

  9. Travis Martinson

    I'm guessing your IRA is about 1.5-2 million to make that kind of premium on covered calls.

  10. chris evans

    The thousand dollars a week sounds very interesting. I'm walking around watching the stars and listening to your video. Love every one of them.

  11. Alan Murrell

    That $130 Put is at about $0.38 currently. Would have been able to get out of it for great profit before expiration.

  12. Rufus Everette

    My man!!!!….Looking forward to following your trades in 2023!!!

  13. Brian McGinity

    Let's do some math. To make $15k on that cash secured put you would have needed to sell 39 contracts. $390*39=$15,210 and it would require 3900*$130=$507,000 of capital. And the plan is to do that every month. Please keep us updated on how it goes.

  14. Casey Dunn

    Hello, Is there any way you can Record the Videos at a higher resolution?? Screen in vid is blurry. Also, How much needs to be in an IRA to generate the $18K per month? Thanks!

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