At the heart of any good investing strategy is picking a stock. You can buy the one your friend recommended…or you can invest in the stock that you researched, you decide. All option prices are based off movement in their corresponding stock.

So if you’re just starting out, this is right where you want to be.

The Basics of Writing Covered Calls

writing covered call basics

Trade stocks for $4.95 – no minimum. Open an Ally Invest account today! *Other fees may apply   Got 100 shares of stock? Then writing covered calls may be one of the many option trading strategies…