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Mar 6 •
Welcome to Covered Call Capital
If you’re seeing this early… you’re one of the first people here. We’re just getting this community started, and we’re currently building out our Covered Call Income Course that will walk step-by-step through how we generate consistent income from stocks using covered calls. The goal of this community is simple: • Help people understand options in plain English• Show how to turn long-term stock positions into monthly income• Share real trades, real examples, and the thinking behind them Over the next few weeks we’ll be adding: • The full beginner course on covered calls• Trade breakdowns and examples• Simple frameworks for picking stocks and strikes• Live discussions and Q&A If you’re here early, we really appreciate it. Feel free to introduce yourself, ask questions, or share trades. Even while we’re building the course, I’m happy to help however I can. This community will grow over time, and if you’re here now, you’re part of the foundation. Let’s build it together.
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6d •
📉 KO Covered Call — Why We’re Closing It Out
Let’s break this down in simple terms so you can clearly see how this works. 🧠 The Setup (What We Did) - Stock: Coca-Cola (KO) - We own: 300 shares - Sold: 3 × $80 Calls - Expiration: Apr 17, 2026 - Premium collected: $267.99 👉 Think of this as collecting 3 deposits upfront 📊 Where We Are Now - Days left: 3 - Current option value: $2.00 per contract - Total to close: $6.00 - Profit: +$261.99 - Return: ~97% max profit 💡 What This Means We sold 3 contracts and collected $267.99 total Now those same contracts are only worth $6 combined 👉 That means: - The buyer lost almost all the value - We’ve already captured almost the full profit 🔑 Why We Close Early Even with a few days left… We don’t wait around for the last few dollars. We close because: - ✅ 97% of profit is already captured - ✅ Avoid last-minute volatility - ✅ Lock in gains - ✅ Free up capital for the next trade 💰 The Reality - Collected: $267.99 - Cost to close: $6.00 👉 Net Profit: ~$261.99 🎯 The Big Lesson This is the real edge: Don’t chase the last few dollarsTake the win and move on
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7d •
🔥 NFLX Weekly Covered Call (Earnings + High IV)
Netflix Inc. earnings are coming up and IV is high (~77%) — ideal for selling premium. 💰 The Play (Weekly) - Exp: Apr 17 (4 days) - Strike: $109 Call - Premium: ~$1.23 - 4 contracts = ~$492 income ⚡ Why this works - Weekly = fast decay - High IV = bigger premium - Positioned for post-earnings IV crush 📊 Outcomes - Below $109 → keep $492 - Above $109 → sell shares + keep $492 - Drop → premium cushions 🧠 Takeaway Get paid when volatility is high.
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7d •
VG may15 $15 strike
Good morning everyone, I just placed a new Covered Call trade on VG, Venture Global. I sold 22 contracts of the May 15 2026 $15 strike. I collected before commissions , $95 a contract for a total of $2090. The stock is currently trading at $13.23. Will revisit this trade in a few weeks.
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10d •
Update on VG
Hey guys, I just wanted to give you an update on the VG $15 April 17 calls that I sold 23 days ago. At the time, VG was running hot and had a 14 day RSI of over 73., I sold 22 contracts of the April 17th expiration $15 strike for $155 a contract . Today I closed those out for $12 a contract for a gross profit of $3,146! Nothing fancy just a solid covered call trade.
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