u/Business_Classroom53

Covered calls strategy costs 2.5% with my financial advisor

Hi finance gurus,
I just met with my financial advisor and he’s suggesting me for my next DCA deployment we should really consider Covered Calls, for a total sum of 500k, (or 9% of my total portfolio).
My question is: isnt 2.5% fee each quarter for this account which is going to be dedicated specifically for covered calls way too high of a fee?

reddit.com
u/Business_Classroom53 — 3 days ago