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Mastering Monthly Income: Fokas on Covered Calls

Mastering Monthly Income: Fokas on Covered Calls

Released Monday, 22nd April 2024
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Mastering Monthly Income: Fokas on Covered Calls

Mastering Monthly Income: Fokas on Covered Calls

Mastering Monthly Income: Fokas on Covered Calls

Mastering Monthly Income: Fokas on Covered Calls

Monday, 22nd April 2024
Good episode? Give it some love!
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In this episode, George Fokas, CEO of Fokas Beyond, shares insights into his Covered Calls strategy, offering a unique approach to earning income regardless of market direction. Discover how writing option contracts allows you to receive upfront income every month.

George breaks down the components of stock options, explaining key terms like strike price, premium, and expiry date. Explore the flexibility of tailoring different combinations of options to create various trading strategies and multiple income streams. Learn the art of stock protection to hedge against market uncertainties and safeguard your capital.

The episode delves into risk management principles, guiding you on defining your trading capital, determining risk levels, and choosing a suitable position size. George shares practical rules, such as learning to be wrong, adopting a slow and steady approach, and starting small to learn and earn simultaneously.

Let's stay in touch. Get our free monthly newsletter by registering at www.tradinggame.com.au. Plus, you'll also pick up a free trading plan template, so you can use a plan that ticks every box demanded by professional traders.

Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.

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