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.
Yes, you can trade options with a small account — and 2026 made it easier. Here’s how much you really need, the defined-risk strategies that fit $500–$2,000, and how to avoid blowing up.