Eric,
Thanks for the video and after watching it. Instead of depositing $36,500 of capital, I leveraged my existing account’s option buying power and sold the MSFT $365 12/15/23 for $430 premium.
$4.30/$365 = 1.17% per month or 14% annually.
In this case, I am not getting the 3%. How can I improve it?
I know I didn’t follow exactly what you taught because I don’t buy stock directly anymore. I own stock through assignment.
Thanks,
Monica