Episode

Covered Call on Robinhood Stock

Podcast
Option Trades Today
Published
May 21, 2026
Duration seconds
219
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Summary

Robinhood stock dropped from $120 to $75. Most traders would either hold and hope or cut the loss. Jamal bought it and immediately sold a call against it. A covered call turns a stock position into an income trade. You buy the stock, sell an upside call, and collect premium that lowers your cost basis every single cycle.