TL;DR QQQ covered calls let you collect monthly premium on the Nasdaq 100 ETF without owning the underlying tech mega caps individually. QQQ implied volatility typically runs 15 to 22 percent and expands to 25 to 40 percent during selloffs, paying richer premium than SPY most months. The standard income-focused setup is 30 to 45… Continue reading QQQ Covered Calls: Income From the Nasdaq 100 Without the Full Risk
