I Sold Weekly Covered Calls on SPY for 236 Weeks! (30 Delta)

I Sold Weekly Covered Calls on SPY for 236 Weeks! (30 Delta)

Passive income investing

This simple set-it-and-forget-it strategy can provide reliable, steady income. It also gives you the option to reinvest your dividends for growth or use them to cover expenses.

However, dividends aren’t guaranteed and companies may cut their payouts in tough times. That’s why it’s important to evaluate metrics like the dividend payout ratio and coverage ratio before selecting a dividend stock.

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