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In this video we are talking about selling covered calls. Specifically, we are continuing to back-test and iterate on the VERY BEST WAY to go about selling covered calls every single day on an index ETF such as the Russell 2000 ETF (IWM). In this video we explore which covered call strategy works the best from a total returns perspective. ---------------------------------------------------------------------------------------- JOIN THE PATREON COMMUNITY! ➡ https://www.patreon.com/AverageJoeInvestor WANT ACCESS TO ALL OF MY SPREADSHEETS I USE ON THE CHANNEL ALONG WITH THE MONTHLY DIVIDEND STOCK SPREADSHEET AND INSTANT AWARENESS OF CHANGES TO MY PORTFOLIO? JOIN THE PATREON COMMUNITY! ----------------------------------------------------------------------------------------- ➡ https://www.patreon.com/AverageJoeInvestor You can also Work with Joe 1 ON 1! Want to increase your option selling knowledge and get started! ----------------------------------------------------------------------------------------- 🔴 Partner With Me - [email protected] ----------------------------------------------------------------------------------------- This communication/content is for informational purposes only and is not intended as personalized investment advice, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. This communication should not be relied upon for purposes of transacting in securities or other investment vehicles. ------------------------------------------------------------------------------------------ Key Points About Selling Covered Calls || How Covered Calls Work Selling a covered call means you own at least 100 shares of a stock and sell a call option, giving someone else the right to buy your shares at a set "strike price" before the option expires. You collect a premium for selling this option, generating extra income from your stock holdings. Your maximum profit is the premium received plus any stock appreciation up to the strike price. If the stock stays below your strike price (e.g., 30% above current price in your strategy), you keep both the premium and your shares. If the stock rises above your strike price, your upside is capped: you keep the premium and get the 30% gain, but miss out on any gains above that strike price. Your maximum loss is the stock price dropping to zero, offset only by the premium collected. When Covered Calls Work Best Covered calls are ideal when you expect the stock to be flat or only moderately rise-not for highly volatile or strongly bullish stocks. The strategy can be used to generate income in sideways or mildly bullish markets, or to set an effective selling price for a stock you’re willing to part with. You give up potential profits above the strike price-if the stock soars, you only get up to the strike price plus premium. The premium provides limited downside protection; if the stock drops significantly, you still face losses, just slightly reduced by the premium. Assignment can occur any time before expiration if the stock price exceeds the strike price, requiring you to sell your shares. Tips for Your Covered Call Strategy Selling calls 30% above the current price is conservative; the likelihood of assignment is lower, but the premium collected will also be smaller. The higher the strike price (further out-of-the-money), the less income you receive, but the more upside you keep. Monitor your positions, as you may want to adjust or "roll" your calls if market conditions change

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Are you new to the world of hemp gummies and feeling overwhelmed by the many options available in the market? Don’t worry, you’re not alone. With the rising popularity of hemp products, it can be challenging to navigate through the different brands, flavors, and dosages of hemp gummies. But fear not, this beginner’s guide is here to help you understand everything you need to know about hemp gummies so you can make an informed decision and enjoy the benefits of these delicious treats.

Understanding Hemp Gummies

Before diving into the world of hemp gummies, it’s essential to understand what they are and how they differ from other CBD products. Hemp gummies are edible candies infused with hemp extract, which contains cannabinoids like CBD. These gummies come in various shapes, flavors, and dosages, making them a convenient and tasty way to incorporate CBD into your daily routine.

Unlike other CBD products like oils or tinctures, hemp gummies are discreet and easy to consume. They offer a pre-measured dose of CBD, making it easier for beginners to control their intake and experience the benefits of CBD without the need for precise measurements or equipment.

It’s important to note that hemp gummies are non-psychoactive, meaning they won’t get you “high” like THC-infused edibles. Instead, they provide the calming and therapeutic effects of CBD without any mind-altering effects, making them a safe and legal option for those looking to experience the benefits of hemp.

Choosing the Right Hemp Gummies

With so many brands and products available, choosing the right hemp gummies can be daunting. To ensure you’re getting a high-quality product, look for gummies made from organic hemp extract, free of harmful chemicals and pesticides. Reading customer reviews and checking third-party lab reports can also help you determine the quality and potency of the gummies.

When selecting hemp gummies, consider factors like dosage, flavor, and ingredients. Start with a low dosage and gradually increase as needed to find the right balance for your body. Opt for natural flavors and additives to avoid unnecessary chemicals and artificial sweeteners that may impact the overall quality of the gummies.

Additionally, pay attention to the type of hemp extract used in the gummies. Full-spectrum hemp extract contains a range of beneficial cannabinoids, terpenes, and flavonoids that work together to enhance the therapeutic effects of CBD. On the other hand, broad-spectrum hemp extract contains all the compounds of the hemp plant except THC, while CBD isolate is pure CBD without any other cannabinoids.

Consuming Hemp Gummies

Now that you’ve chosen the right hemp gummies, it’s time to enjoy them responsibly. Start by following the recommended dosage on the packaging and adjust as needed based on your individual needs and tolerance. Keep in mind that it may take some time for the effects of the gummies to kick in, so be patient and avoid consuming more than necessary.

You can consume hemp gummies at any time of the day, but many people prefer taking them in the evening to relax and unwind before bed. Remember that CBD affects everyone differently, so listen to your body and adjust your consumption accordingly. If you experience any adverse effects, stop taking the gummies and consult a healthcare professional.

It’s essential to store your hemp gummies in a cool, dark place away from direct sunlight and heat to maintain their freshness and potency. Keep them out of reach of children and pets to prevent accidental ingestion. With proper storage and responsible consumption, you can enjoy the benefits of hemp gummies safely and effectively.

Exploring the Benefits of Hemp Gummies

One of the main reasons people turn to hemp gummies is for their potential health benefits. CBD has been studied for its anti-inflammatory, analgesic, and anti-anxiety properties, making it a popular natural remedy for various conditions. Hemp gummies offer a convenient and enjoyable way to experience the therapeutic effects of CBD without the need for traditional medication.

Some of the potential benefits of hemp gummies include stress relief, pain management, improved sleep, and overall well-being. They may also help alleviate symptoms of anxiety, depression, and other mental health issues. However, it’s essential to consult a healthcare professional before using hemp gummies for medicinal purposes to ensure they are safe and suitable for your specific needs.

In addition to their health benefits, hemp gummies are a delicious and fun way to incorporate CBD into your daily routine. Whether you’re looking for a little boost of relaxation or a tasty treat to enjoy, hemp gummies offer a versatile and flavorful option for CBD consumption. With the right choice of gummies and responsible usage, you can experience the many benefits of hemp in a convenient and enjoyable form.

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Summary and FAQ

After reading this beginner’s guide to navigating the world of hemp gummies, you should have a better understanding of what hemp gummies are, how to choose the right product, and how to consume them responsibly. Remember to start with a low dosage, pay attention to the ingredients, and consult a healthcare professional if needed. With proper research and diligent practice, you can enjoy the benefits of hemp gummies safely and effectively.

Here are some frequently asked questions about hemp gummies:

1. Are hemp gummies legal?

2. Do hemp gummies get you high?

3. How long does it take for hemp gummies to work?

4. What are the potential side effects of hemp gummies?

5. Can I take hemp gummies with other medications?

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