How a $600,000 Covered Call Portfolio Can Generate $6,000 a Month (and What You Give Up to Get It)

How a $600,000 Covered Call Portfolio Can Generate $6,000 a Month (and What You Give Up to Get It)

The post How a $600,000 Covered Call Portfolio Can Generate $6,000 a Month (and What You Give Up to Get It) appeared first on 24/7 Wall St.. Six thousand dollars a month lands in the account. That is $72,000 a year, roughly what the U.S. Census Bureau pegs as median household income, and it is the number driving one of the most seductive pitches in retail investing: a $600,000 covered call portfolio yielding 12%. The math works on paper. The que…