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📈 Covered Calls: Wall Street's Favorite Passive Income Secret
Updated April 2025 | 4-Minute Read Time
Maybe you've heard the term "Covered Call" options. Covered calls are a simple, repeatable strategy to generate consistent income—even when your stocks aren’t moving much. You don’t need to be ...
🖥️ Reading time: 2 minutes
🛑 Short answer: YES.
If you’re selling options in a taxable brokerage account, you’ll owe capital gains taxes on your profits.
When Are Options Taxed?
📈 You owe taxes when you realize capital gains, such as:
✅ An option expires worthless, and you keep the full pr...
🖥️ Reading time: 2 minutes
Why is it Important?
🧐 Ever heard of cost basis but not sure what it means? Do you even need to care as an investor or options trader?
Simple Answer:
💰 Cost basis is the original price you paid for an investment.
📊 It’s important when selling stocks or options becau...
