Hey guys, just wondering....
1. Who here writes covered calls monthly as a source of income?
2. What stock/s do you use?
3. When do you normally try to sell in the month?
I have been for the last few months with stock such as BHP, ANZ and TLS. I dont really want to touch TLS at the moment due to the NBN agreement coming around the corner. So I've been sticking with 2 ANZ options a month netting around $250+ a month. Furthermore, I believe this is a great way to create more cash with minimal effort and not a big downside. Thoughts?