What Is A “Poor Man’s Covered Call” Strategy?

If you've ever wanted to generate passive income from high-priced stocks like Tesla or Nvidia but were held back by the massive five-figure capital requirement, this episode is for you. We cut through the jargon to reveal how this strategy—technically known as a Long Call Diagonal Debit Spread—lets you "rent" a stock's price movement for a fraction of the cost of owning it. In this episode, we break down the mechanics of replacing 100 shares of stock with a deep-in-the-money LEAPS option. You...