▲ 40 r/CoveredCalls
Monthly Realistic Income on a 200k Portfolio?
I have 200k USD in shares, up around 750% from my initial investment (I have also already taken out my initial investment so this is basically risk free money at this point). Whats stopping me from just selling CCs at 0.3-0.1 deltas for monthly income (im happy to sell my stock at my strike prices and if it doesnt hit I'm happy holding the stock)
Whats the monthly realistic income I can earn on this? I've seen people say 30% a year is reasonable doing wheels. So this would equate to 60k a year (5k a month) risk free basically.
Any issues you guys see with this?
u/Moonshotte — 3 days ago