Blue Chip Covered Calls: The Safest Way to Generate Monthly Income

TL;DR Covered call on blue chip stocks pairs the most stable companies in the world with monthly option premium income. Best blue chip candidates today include Coca-Cola, Johnson & Johnson, Microsoft, Procter & Gamble, and ExxonMobil. Target stocks with implied volatility between 18 and 32 percent and dividend yields of 2 percent or higher. For… Continue reading Blue Chip Covered Calls: The Safest Way to Generate Monthly Income