Why I Buy Tiger Shares and Sell Covered Calls for Steady Returns 🐯💵
Tiger Brokers (TIGR) shares present an excellent opportunity for earning steady income through covered call strategies. Here’s why:
1. Strong Short-Term Premiums 💹
Selling covered calls on Tiger shares allows me to earn a solid return. In the current example, I’m earning over 3% in just two weeks from call premiums while maintaining the ability to adjust my strategy based on market movements. These premiums represent a high annualized yield with minimal risk since I already own the underlying shares.
2. Stable Stock Price 🔒
Tiger’s stock price has shown resilience, hovering around $6.50 to $6.72, which provides a perfect scenario for covered call selling. If the stock price stays at or above my call strike prices, I can either let the shares be called away at a profit or roll the calls further for additional premium income.
3. Flexibility to Reassess 📊
This approach ensures flexibility. If Tiger shares remain strong and continue to trade above the strike price, I can either roll the covered calls to a higher strike or collect the premium and let the shares be exercised. If the stock price declines, I still hold shares bought at a reasonable price with a reduced cost basis thanks to the premiums collected.
4. Low Risk, High Yield 🚀
This strategy allows me to benefit regardless of price movement:
• If the price stays flat or slightly rises, I keep the premiums and may sell more calls.
• If the price drops slightly, the premiums cushion my downside.$Tiger Brokers(TIGR)$
A Proven Income Generator 💼✨
Selling covered calls on Tiger shares is part of a proven income strategy for generating returns with controlled risk. The consistent premium income from this strategy, coupled with the stock’s strong fundamentals, makes it a reliable choice for compounding wealth over time.@TigerTradingNotes
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