Kamal Lidder Money can Make You Rich


Kamal Lidder says if your stock rises above the strike price, you can buy a Covered Call for more than you sold and incur losses, but this saves you having to give up your 100 shares. You can still buy your shares and receive dividends, but wait until you sell a covered call until you are comfortable with how a complex investment strategy works. Remember that the money you make selling a covered call can also be deducted from the price you paid for your shares.

Location: Canada

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