Covered Calls 101 for beginners: learn how to sell covered calls for monthly income using a real SpaceX options example. Mark Yegge explains covered calls step by step—from selecting a stock and reading the chart to choosing a strike price, collecting option premium and managing risk.
In this covered calls tutorial, you’ll learn:
How selling covered calls works
How to read an options chain
At-the-money, out-of-the-money and in-the-money covered calls
How strike prices and delta affect a trade
How to roll and defend a covered-call position
How Mark’s Rocket strategy creates potential monthly income
Why every options trade needs a risk-management plan
Mark also demonstrates how 10 covered-call contracts on 1,000 shares could produce approximately $8,620 in option premium over 29 days, based on the prices shown during the recording. This is an educational example—not a guaranteed result.
Learn covered calls and chart reading with Mark in Clearwater Beach, Florida, October 30–November 1, 2026:
Events
This video is for educational purposes only and is not financial advice. Stocks and options involve risk, including the potential loss of principal.
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