Can you use Covered Calls for Passive Income..? 🤔🙋‍♂️

Most people think passive income, think real estate...🏢

You might have seen my recent video and proof of how I managed to increase one of my IRA accounts 234%, now that's passive income! (In case you missed it, here is the link to that video)

I have put out a new video where I show you that, yes you can create passive income by selling covered calls against stocks you own in the stock market. If you employ a proven system, you can expect to make about 2% to 4% a month. It’s less risky than just buying a stock and holding because you get the income from selling the covered call against it.

Check it out!

I know that there are many videos and websites out there that claim they have the "secret sauce" to successful stock market trading and options trading.

But what I DO know, they don't have a system.

You NEED a system.

That is what makes my program different, I have a PROVEN system.

I hope you decide to join me.

See you on the inside.

TRANSCRIPT:  YOU KNOW ONE OF THE MOST COMMON QUESTIONS I GET IS CAN YOU USE THE STOCK MARKET TO MAKE PASSIVE INCOME WELL THE ANSWER IS ABSOLUTELY YES I'VE HAD PLENTY OF REAL ESTATE IN MY LIFE AND YOU CAN CERTAINLY MAKE INCOME FROM REAL ESTATE BUT IN THIS VIDEO I'M GOING TO SHOW YOU HOW YOU CAN USE COVERED CALLS FOR PASSIVE INCOME USE COVERED CALLS TO CREATE THAT INCOME FROM THE STOCK MARKET HERE WE GO OKAY THIS IS A BIG QUESTION FOR ME AND ESPECIALLY COMES FROM A LOT OF PEOPLE THAT ARE NEW TO IT I HELP SEVEN AND EIGHT FIGURE INVESTORS PLAY OFFENSE AND DEFENSE WITH THEIR MONEY AND ONE OF THE THINGS THAT MOST PEOPLE WHO HAVE AMASSED SOME WEALTH WANT TO DO IS THEY WANT TO CONTINUE TO CREATE MORE AND MORE PASSIVE INCOME IT'S NOT ALL ABOUT EXCHANGING YOUR TIME FOR MONEY IT'S ABOUT CREATING PASSIVE INCOME IN YOUR LIFE SO YOU DON'T HAVE TO WORK FOR THAT MONEY YOU CAN LET THE MONEY JUST COME IN AND A LOT OF PEOPLE THINK THAT REAL ESTATE IS LIKE THE ONLY PASSIVE INCOME YOU CAN GET BUT THERE'S LOTS OF PASSIVE INCOME RIGHT YOU GET INCOME FROM CREATING AN AMAZON STORE OR WRITING A SONG OR A GAME CREATING YOU KNOW WRITING A BOOK AND SELLING IT AND ALL THAT COMES IN AFTER YOU CREATE THAT INTELLECTUAL PROPERTY I'VE BEEN DOING THE STOCK MARKET FOR FOUR DECADES AND ONE OF MY MENTORS WAS EDWARD THORPE AND EDWARD THORPE SHOWED ME A SYSTEM ABOUT HOW TO CREATE PASSIVE INCOME OR INCOME FROM THE STOCK MARKET WE COULD ARGUE WHETHER IT'S PASSIVE OR NOT BUT IT DOESN'T TAKE VERY MUCH TIME TO IMPLEMENT THE SYSTEM MAYBE I TELL PEOPLE ABOUT 20 MINUTES A WEEK OR MAYBE AN HOUR TO A MONTH IT'S A SYSTEM THAT USES COVERED CALLS FOR PASSIVE INCOME AND THE WAY THAT HAPPENS IS YOU USE YOUR ASSET WHICH IS THE STOCK AND YOU SELL CALLS AGAINST THAT STOCK AND YOU CREATE PASSIVE INCOME FROM THOSE CALLS JUST COVERED CALLS FOR PASSIVE INCOME SO WHAT I'VE DONE IS IF YOU DON'T UNDERSTAND COVERED CALLS I'VE CREATED THIS LITTLE ANIMATION IT'S ABOUT TWO MINUTES LONG AND IT'S GOING TO SHOW YOU HOW COVERED CALLS WORK USING REAL ESTATE AS AN ANALOGY IF YOU DO UNDERSTAND HOW IT WORKS YOU MAY WANT TO WATCH THIS TWO-MINUTE VIDEO FOR REVIEW OR YOU MAY WANT TO SKIP FORWARD TWO MINUTES AND JUST HEAR ME TALK A LITTLE BIT ABOUT COVERED CALLS FOR PASSIVE INCOME SO TAKE A LOOK AT THAT VIDEO OR SKIP FORWARD AND I'LL SEE YOU HERE RIGHT AFTER THE VIDEO SO HERE'S A GUY NAMED JIM THE GUY WITH THE RED TIE HERE AND HE OWNS SOME LAND LET'S CALL IT A CITY BLOCK AND IT'S WORTH ABOUT ONE HUNDRED THOUSAND DOLLARS

THEN THERE IS BOB THIS GUY WITH THE RED HAIR AND THE BEARD AND HE SEES THIS LOT IS FOR SALE AND HE HEARS THAT A BIG HOTEL IS GOING UP RIGHT ACROSS THE STREET FROM THAT LAND SO HE THINKS THAT THAT LAND COULD BE WORTH MAYBE TWO HUNDRED THOUSAND DOLLARS NOT JUST ONE HUNDRED THOUSAND DOLLARS BUT THE PROBLEM IS HE DOESN'T HAVE ONE HUNDRED THOUSAND DOLLARS TO BUY IT HE'S KIND OF BROKE BUT HE SEES THIS BIG OPPORTUNITY THERE WHAT HE DOES IS HE APPROACHES JIM AND HE SAYS I'LL PAY YOU TEN THOUSAND DOLLARS IF YOU'LL SELL ME YOUR PROPERTY ANYTIME IN THE NEXT SIX MONTHS FOR YOUR ASKING PRICE OF ONE HUNDRED THOUSAND DOLLARS JIM SAYS WAIT A MINUTE IF I SELL YOU MY PROPERTY FOR THE SAME PRICE I WANT TO SELL IT FOR NOW BUT THE ONLY DIFFERENCE IS YOU'RE GONNA PAY ME TEN THOUSAND DOLLARS TO TAKE IT OFF THE MARKET AND GIVE YOU A CHANCE TO BUY IT ANYTIME IN THE NEXT SIX MONTHS AND I GET TO KEEP THE TEN THOUSAND DOLLARS AND BOB SAYS YEAH THAT'S WHAT I'M OFFERING SO THEY SHAKE HANDS AND THEY MAKE A DEAL SO WHO HAS THE RISK HERE WELL LOOKING AT BOB HE COULD LOSE HIS FULL TEN THOUSAND DOLLARS IF HE'S WRONG NOW IF HE'S RIGHT HE HITS A HOME RUN OKAY NOW JIM HIS DEAL IS HE GETS TO KEEP THE TEN THOUSAND DOLLARS NO MATTER WHAT IT GOES RIGHT INTO HIS WALLET AND IF BOB EXERCISES HIS OPTION JIM ALSO SELLS HIS LOT FOR THE ASKING PRICE THAT HE WANTED HE GETS HIS 100 THOUSAND DOLLARS TOO SO JIM IN THIS CASE HAS A RELATIVELY LOW RISK MAKES SENSE A WEEK LATER BOB FINDS OUT THAT IT WAS JUST A RUMOR AND THIS HOTEL IS NOT GOING UP AND IT'S NOT GOING TO MAKE THAT PROPERTY WORTH TWO HUNDRED THOUSAND DOLLARS AND JIM STILL HAS A PIECE OF PROPERTY THAT'S WORTH ONE HUNDRED THOUSAND DOLLARS NOTHING'S CHANGED ON HIS SIDE LET'S ANALYZE THE POSITIONS JIM STILL OWNS THE LOT AND HE GOT A TEN THOUSAND DOLLAR BONUS OR A TEN PERCENT RETURN HE ALSO REDUCED HIS COST HE REDUCED HIS RISK THAT'S ANOTHER WAY TO LOOK AT IT BOB ON THE OTHER HAND GOT UNLUCKY HE INVESTED HIS TEN THOUSAND DOLLARS AND HE LOST ALL OF IT SO HE WAS REALLY UNLUCKY IN THIS CASE JIM BASICALLY JUST COLLECTED RENT FROM BOB ON HIS PROPERTY SO OVER TIME I WOULD ASK YOU THIS WHO WOULD YOU RATHER BE WOULD YOU RATHER BE JIM THAT HAS THE LOT OR WOULD YOU RATHER BE BOB THAT YOU KNOW WAS SWINGING FOR THE FENCES BUT HE LOST IT ALL WELL THAT'S AN EASY ONE YOU WANT TO BE LIKE JIM YOU WANT TO BE THE GUY THAT DOESN'T TAKE THE HUGE RISK NOW CAN WE BE JIM IN THE STOCK MARKET WELL YOU BETTER BELIEVE IT AND IF YOU'VE EVER PLAYED MONOPOLY IT HAS A COUPLE OF PLACES ON THE BOARD BOARDWALK AND PARK PLACES ARE THE MOST EXPENSIVE PROPERTIES ON THE BOARD BUT IF YOU OWN ANY PROPERTIES ON THE BOARD ANYTIME SOMEBODY LANDS ON THEM THEY HAVE TO PAY YOU RENT EVERY TIME THEY GO AROUND THE BOARD SO THERE'S ALWAYS A BOB OUT THERE THERE'S ALWAYS A GAMBLER OUT THERE THAT'S WILLING TO PAY YOU RENT AND IF YOUR GYM YOU COULD TAKE MONEY FROM ALL THE BOBS OVER AND OVER AND OVER AGAIN ALL YEAR LONG AND THAT'S WHAT WE WANT TO DO WE WANT TO START COLLECTING RENT

SO WHAT DO YOU THINK PRETTY COOL RIGHT SO NOW THE QUESTION IS HOW DO WE CREATE COVERED CALLS FOR PASSIVE INCOME AND FIRST OF ALL YOU HAVE TO OWN A STOCK AND I HAVE VIDEOS AVAILABLE ON THIS CHANNEL ON MY YOUTUBE CHANNEL RUMBLE CHANNEL AND IF YOU IF YOU HAVE A STOCK THEN NOW YOU CAN USE IT AS YOUR ASSET YOUR BASE WE CALL IT RIGHT IT'S LIKE OWNING A AN APARTMENT COMPLEX YOU HAVE THAT AS YOUR ASSET YOU'RE NOT GONNA BE CHECKING IT EVERY DAY IN ZILLOW TO SEE IF IT'S UP GOING UP OR DOWN IN VALUE YOU'RE JUST GONNA COLLECT THE RENT FROM IT SO LET'S SAY THAT YOU WANT TO OWN SOME TESLA OR MAYBE YOU ALREADY OWN TESLA LET'S ASSUME YOU ALREADY OWN IT BECAUSE YOU LIKE THE STOCK YOU'VE DONE YOUR ANALYSIS YOU KNOW YOU WANT TO BE IN THIS STOCK FOR A WHILE AND NOW YOU WANT TO HOLD IT AND YOU WANT TO CREATE INCOME ON IT YOU BUY THAT TESLA YOU PUT IT IN YOUR ACCOUNT YOU HAVE AN ACCOUNT APPROVED FOR OPTIONS AND WHAT YOU DO INSTEAD OF BUYING OPTIONS WHICH ARE VERY RISKY YOU SELL OPTIONS TO THE RISK TAKER RIGHT THIS IS THE BEAUTIFUL THING ABOUT THIS PROGRAM IS THAT WE SELL OPTIONS TO THE RISK TAKER THAT OPTION RISK TAKER IS THE PERSON THAT ALLOWS US TO SELL COVERED CALLS FOR PASSIVE INCOME AND SO WHEN HE GIVES US THE MONEY WE'RE SELLING THE COVERED CALLS RIGHT WHEN WE SELL SOMETHING WE CREATE INCOME FROM IT SO AS YOU GIVE SOMEBODY THE RIGHT TO BUY YOUR STOCK AT A PREDETERMINED PRICE BEFORE A PREDETERMINED DATE YOU ARE MAKING INCOME IF YOU DO THAT OVER AND OVER AGAIN 12 TIMES A YEAR OR YOU KNOW 50 TIMES A YEAR IF YOU DO THESE WEEKLY YOU CAN MAKE A LOT OF MONEY BECAUSE THESE THINGS EXPIRE EVERY SO OFTEN EXPIRE EVERY WEEK THEY EXPIRE EVERY MONTH WHATEVER YOUR EXPIRATION DATE IS AND IF YOU HAVE THIS GAMBLER OUT THERE THAT'S WILLING TO PAY YOU MONEY TO BE ABLE TO HAVE THE OPTION TO TAKE YOUR STOCK AWAY FROM YOU YOU CAN CREATE HUGE AMOUNTS OF PASSIVE INCOME NOW YOU CAN DO IT REALLY CONSERVATIVELY YOU COULD DO IT ON A MORE RISKY SCALE BUT THIS IS AN INHERENTLY CONSERVATIVE STRATEGY BECAUSE YOU'RE BASICALLY LIMITING THE UPSIDE REMEMBER THIS IS COVERED CALLS FOR PASSIVE INCOME IT'S NOT COVERED CALLS TO MAKE A TON OF MONEY RIGHT THERE'S A DIFFERENCE AND SO WE'RE NOT GOING FOR CAPITAL GAINS HERE WE'RE GOING FOR INCOME THE INCOME HELPS YOU PLAY DEFENSE YOU'RE GETTING INCOME FROM THE COVERED CALLS THAT INCOME FROM THE COVERED COST PLA HELPS YOU PLAY DEFENSE IT LOWERS THE PRICE THAT YOU'RE IN TESLA AT RIGHT IT KEEPS CHIPPING AWAY AT THE PRICE OF YOUR BASES AND AS IT DOES THAT YOU'RE ALSO BRINGING IN INCOME SO IT'S A REALLY COOL STRATEGY NOW THERE'S THERE'S SYSTEMS THAT WE'VE BUILT AROUND IT AND A PROGRAM THAT I HAVE CALLED THE CASHFLOW MACHINE YOU NEED TO KNOW THAT IT'S NOT JUST WRITING A COVERED CALL THAT'S GOING TO MAKE YOU THE MONEY IT'S THE SYSTEM AROUND IT IN ANY INVESTING YOU DO HAVE A SYSTEM PLEASE PLEASE PLEASE HAVE A SYSTEM BECAUSE ANYBODY CAN CLICK A MOUSE AND INVEST 100 200 300 000 ANYBODY BUT THAT'S THAT'S THE EASY PART WHAT HAPPENS IS THE MENTAL PART RIGHT AFTER YOU BUY THAT WHAT HAPPENS IF THE MARKET GOES DOWN WHAT HAPPENS IF THE MARKET GOES UP CAN YOU MAKE MONEY IF THE MARKET'S GOING DOWN THE ANSWER IS YES BUT YOU HAVE TO HAVE A SYSTEM AROUND IT RIGHT AND CAN YOU MAKE A LOT OF MONEY LONG TERM IN THIS PROGRAM THE ANSWER AGAIN IS YES BUT YOU HAVE TO HAVE A SYSTEM AROUND IT SO I HOPE THAT HELPS YOU GET AN UNDERSTANDING THAT YOU CAN MAKE INCOME USING COVERED CALLS SO COVER CALLS FOR PASSIVE INCOME IS SOMETHING THAT'S PRETTY EASY IF YOU PUT YOUR MIND TO IT IF YOU HAVE A SYSTEM AROUND IT IF YOU UNDERSTAND HOW IT WORKS AND IF YOU LET THE GAMBLER PAY YOU FOR THAT PASSIVE INCOME YOU CAN GO FIND LOTS OF FREE YOUTUBE VIDEOS BUT DON'T INVEST YOUR MONEY BASED ON LOTS OF FREE YOUTUBE VIDEOS RIGHT INVEST IN SOMETHING THAT HAS A SYSTEM HEY IT'S MARK YEGGE AND I WANT TO TELL YOU ABOUT OUR CASH FLOW MACHINE TRADING PROGRAM THAT'S DESIGNED TO TEACH YOU HOW TO MAKE SAFE RELIABLE INCOME NOW WE SHOOT FOR ABOUT TWO TO FOUR PERCENT A MONTH OF INCOME AND GROWTH IN YOUR PORTFOLIO WE HAVE COURSES TO TEACH YOU HOW TO DO THIS FOR YOURSELF OR INSIDE A MASTERMIND COMMUNITY AND THE BEST PART IS THAT IT TAKES JUST 20 MINUTES A WEEK TO IMPLEMENT NOW WHILE TWO TO FOUR PERCENT A MONTH DOESN'T SOUND LIKE MUCH I SHOW YOU EXACTLY HOW WE TOOK MY IRA ACCOUNT FROM 111 000 TO OVER 500 000 IN JUST 19 MONTHS WITHOUT HUGE RISK NOW I'M NOT TELLING YOU THIS TO BRAG ONLY SO THAT YOU CAN DO IT TOO IF YOU WANT TO GET INVOLVED THIS PROGRAM JUST CLICK ON THE LINK BELOW FOR THE CASH FLOW MACHINE AND YOU CAN START RIGHT AWAY