Our fearless, intrepid investor lost $65,700 in 2021, writing (selling) covered calls on Novavax (NVAX) in her “fun” portfolio.
She is in good company concerning losses writing (selling) covered calls on any security in a rising market. Over the last three years, fund companies have launched over 120 exchange–traded funds (ETFs) that sell covered calls. All underperformed.
Here are her plans for today. We respect Monday Morning Program members’ time, so our posts are under 500 words and actionable.YOU NEED TO LOGIN TO VIEW THE REST OF THE CONTENT OR LEAVE A COMMENT. Please Login. Not a Member? You can now sign up for $12 for a one-year membership. Join Us