I’m Markus Heitkoetter and I’ve been an active trader for over 20 years.
I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails.
They start trading and realize it doesn’t work this way.
The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. Real money…real trades.
What Is The Poor Man’s Covered Call?
Questions we’ll answer in this discussion:
What is it
Who is it for
When to use it
The Poor Man’s Covered Call is a very specific type of spread. As you know, we’ve been covering option spreads for several Coffee With Markus Sessions.
We’ve also covered the Covered Call’s strategy in-depth on our YouTube Channel.
In this article, we’re discussing the difference between trading stocks, covered calls, and the Poor Man’s Covered Call.
Trading Stocks
Let’s take a look at trading stocks first. Let’s say that you’re bullish on a stock like Boeing (BA). If you…
