The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone, Kirk here again from optionalpha.com and welcome back to the daily call. Today, we’re going to be talking about covered calls and how you can automate this entire strategy now using our upcoming auto-trading software. I believe that covered calls are a great bridge between stock traders and options traders. It is in fact, probably one of the easiest bridges to cross as you start transitioning from just trading stock to potentially trading more options or eventually, just options and no stock. Covered calls are a very simple strategy whereby if you are long 100 shares of stock, you are able to then sell a call option at or above where the stock is trading right now, collect a little bit of income and reduce your cost basis on the way. We’ve done a lot of podcast, a lot of training on this, so you can just search our website at Option Alpha. Just search for covered calls. There's lots of examples and trainings and case studies and research that you can check out. But the idea behind doing this doe