[Urgent] Profit Alert - $2,950 profit opportunity exposed

The Safe Way To Double Your Income [View Online](=)|[Unsubscribe]( [Street Authority Daily] -[]Recommended Link [[Urgent] Profit Alert - $2,950 profit opportunity exposed]( Jim Fink's 310F system just pinpointed a new profit [opportunity that could hand you up to $2,950](. If you've struggled to find real profits in this market… you owe it to yourself to see this. Even in the middle of a volatile market fueled by fear and uncertainty, Jim's system hasn't closed out a single losing trade… and his next trade alert goes live on Thursday. Don't miss your shot at up to $2,950. [Get the full details here.]( November 16, 2020 The Safe Way To Double Your Income By Amber Hestla [Amber Hestla] If you're frustrated with the low yields this market has to offer, you're not alone. Finding dependable yields over 4%, much less double-digit yields, is nearly impossible in the current market environment. For instance, the S&P 500 throws off a yield of just 2. Most bonds are barely beating inflation, and the yields on blue-chip stocks are pathetic. This had led some investors to "reach for yield," meaning, they buy risky stocks with higher payouts. More often than not, this strategy leads to big losses. To make matters worse, stocks are trading near all-time highs and carry lofty valuations. This makes owning them a riskier proposition than usual. -[]Recommended Link [Former Money Manager Reveals Wall Street's Massive $10B "Hiccup"]( A bold former banker just went on record to call out his ex-colleagues for missing a critical $10B contract footnote. The good news? This time, Wall Street's negligence opens the door for you to turn $10,000 into $201,873. You won't find these details anywhere else. And an imminent announcement could sweep them under the rug forever. [Click here to learn the truth.]( For conservative income investors in particular, this is an incredibly tough market to navigate. Fortunately, there is still a way to generate more income than you ever thought possible from the safest stocks out there... One Of The Safest Ways To Earn High Income I have devoted my career to showing income investors how to generate outsized gains with simple, low-risk strategies. Before becoming a full-time trader, I served as a military intelligence analyst for the U.S. Army. I began teaching myself about the market between deployments and was soon generating income that exceeded my regular military salary. Today, I want to teach you about one of my go-to techniques: selling covered calls. This simple strategy involves options -- a tool most investors don't use regularly because of their preconceived notions about options being risky. But when done properly, selling covered calls can be one of the safest and most lucrative ways for income investors to make money. For example, let's look at how selling calls on a company like Phillips 66 (NYSE: PSX) could make a big difference for investors looking for income. PSX is one of the country's largest energy refiners and midstream operators. In short, it's a high-quality stock with a higher-than-average dividend. Over the past 12 months, the company has paid out $3.60 per share in dividends. That's a yield of a little over 6% yield at current prices. Now, don't get me wrong... PSX's yield is certainly on the higher end of the range of quality stocks on the market. But I think we can do even better with covered calls. To keep things simple, let's say we hold shares for a year. That's long enough to qualify for four of the company's quarterly dividends. These are exact same dividends your friend or neighbor who owns the stock also received. This means we can expect to bring in $360 of income for every 100 shares we own. However, during that time, let's say we sell two covered calls on the stock. Right now, I'm looking at one trade that could reasonably pay us a total of $170 for every 100 shares of PSX that we own. Let's say we're able to pull that off again -- a very doable scenario. This means we pull in an extra $340 for every 100 shares we own ($170 * 2). In this scenario, we've turned $360 worth of income into a total of $700 ($360 + $340). That means we just nearly doubled our dividend from just two covered call trades on the side. Again, this is a very doable scenario. It would be every easy to get off another trade or two within a calendar year and earn even more. For a market that's not offering much in the way of dependable high yields, that's really something. How Covered Calls Work So let's get into how this actually works... A call option gives the buyer the right -- but not the obligation -- to buy a stock from the call seller if it's trading above a specified price, known as the [strike price](, before a specified date. When you sell (or write) a call option, you have the obligation to sell a particular stock at the strike price if it should rise above that price before the option expires. I only recommend selling covered calls, which means you own the stock you're selling the calls on. Essentially, covered calls allow you to get paid upfront to potentially sell a stock you own at a higher price sometime in the future. Whether the stock goes up or down, you can come out ahead. That's not to say covered calls are risk-free -- no investment is. But they can actually help reduce risk. Consider what happens when you sell a covered call: For every option you sell, you receive income, known as a [premium](, upfront in exchange. This money is yours no matter what. It's deposited in your account just like a dividend. Once you sell a covered call, one of two things can happen -- either the underlying stock rises in price or it falls. If it declines in price, your shares will decrease in value, but you have the option premium to counter the loss. In other words, if the shares fall, you're better off selling covered calls than simply holding the stock. Bringing It All Together If shares stay below the strike price through expiration, the option expires worthless for the buyer. That's not necessarily a bad thing for sellers, though. That's because it means we keep the shares and have a chance to sell another call to capture another income payment. This is why you should only sell calls on high-quality stocks you would be happy to own for the long term. If the stock rises above the call's strike price, you will have to sell your shares to the option's owner. Anything between the price at which you originally bought the shares and what you sell them for is pure profit, in addition to the cash earned when you sold the option. The only time you really give anything up with this strategy is if a stock's price soars past the strike price during the option's short life. In that case, you'll miss out on some capital gains. I think that's an acceptable trade-off. And it's for this reason that I consider covered calls to be one of the safest ways to earn high levels of income in this low-yield environment. They're perfect for anyone from young couples struggling to make ends meet to retirees looking to pad their nest egg. P.S. As I mentioned, covered calls are a great way to earn more income while still remaining conservative. And if you want to learn more about how this works, then you're in luck... I just released a new presentation about this strategy that you won't want to miss. You'll learn more about how this strategy came to be -- and how you can harness it for your own portfolio. [To check it out, go here now.]( -[]Recommended Link [The safest stocks in America]( [The safest stocks in America]( Call me boring, but I only buy [one group of stocks](. They sell something that 152 million customers are virtually addicted to. So, they never go out of business-ever. And one last thing: the dividend yields are massive. When you hold onto them for a while, they can reach triple-digits. I'm Robert Rapier. [Check out my portfolio here.]( To ensure that you receive these emails, [please add us to your address book.]( Disclosure: StreetAuthority doesn't own shares of any securities mentioned in this article. Members of our staff are restricted from buying or selling any securities for three days after being featured in our advisories or on our website. StreetAuthority is a publisher of financial news and opinions. StreetAuthority is not a securities broker/dealer or an investment advisor and we do not recommend or endorse any brokers, dealers or investment advisors. This work is based on SEC filings, current events, interviews, corporate press releases and publicly available information which may contain errors. All information contained in our newsletters and/or on our website(s) should be independently verified with the companies or sources mentioned. You are responsible for your own investment decisions and should always conduct your own research and due diligence and consider obtaining professional advice before making any investment decision. This message was sent by an automated message delivery platform. Please do not reply to this email address. Any messages sent to this address will be automatically deleted. We sincerely hope that you benefit from your subscription to this complimentary newsletter, and we're willing to do whatever it takes to keep you as a satisfied subscriber. You may contact our customer service department by [visiting this link](. To update your subscription or unsubscribe, please [click here](. Copyright (c) 2020 StreetAuthority, 7600A Leesburg Pike, Suite 300 Falls Church, VA 22043. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited. [Terms]( | [Privacy]( | [Unsubscribe](