Poor Man’s Covered Call (PMCC): Covered-Call Income With Less Capital
The poor man’s covered call earns covered-call income for 60–80% less capital using a LEAPS. Here’s the exact setup, a worked example, the risks, and how to roll it.
The poor man’s covered call earns covered-call income for 60–80% less capital using a LEAPS. Here’s the exact setup, a worked example, the risks, and how to roll it.