Rocky’s Special Stock Pick

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Monthly options with enough volatility to keep premiums juicy. Next expiration is 4/16, and today is 4/9.

If you’re unfamiliar with covered calls, or options in general, then you’re probably using Robinhood. You may or may not have $550, but what you would do is buy 100 shares of SEEL. Then open the SEEL chart, press Trade. Press Trade Options. Make sure to select Sell and Call. Press 4/16. Click the $5.00 option and sell it. At this very moment the premium is $0.73. Congrats, you just made $20. You’ll get the rest of your money back next Friday.

If you have $5500, then you can do the same thing RIGHT NOW and make $200! If you have $55,000…then it could be $2000! That’s anywhere from 1 to 3 months rent. Just for pressing a couple buttons.

You could write the call at $7.5, and make $10-15. However, you won’t be getting your money back. Which is perfectly fine if you want to keep your shares, which I personally think is a great idea.

The most important thing about SEEL is that it’s also the name of a Pokemon. Forget about whatever silly business deal they’ve transacted with some biometrics company or whatever. No one cares about state of the art therapeutics technology. It’s all about having a great name.

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