Options sound complicated. They're not — once someone explains them without the jargon.
Most weeks, the income machine runs. You get a recommendation, you execute it, and time decay works in your favor until the option expires or you close it at a profit.
Every covered call seller who's held a position through an earnings announcement has seen something surprising: the stock moves, and the option premium doesn't respond the way you'd expect. Sometimes the stock gaps up 5% and the call you sold is worth less than before earnings. Sometimes the stoc...