How to Sell Covered Call Options on Your Stock #HungryForReturns 10

Hi Sasha , I’m confused about the premium received . Let’s say for example I
My portfolio has 100 shares at $10 a share so total portfolio balance is $1000 . Then I sell a monthly covered call and get a $50 premium . A week later the price of my stock goes down and so I buy the option back for $25 . That means I technically made $25 from that option . So here is where I’m confused , those $25 appear on my buying power and not really added to my portfolio balance , so basically what I’m trying to ask is , why can’t I with draw money from my buying power? After I’ve closed the option by buying it back ,now would I go about withdrawing money I get in premiums ? Just confusing as to why my premium is not my money to withdraw . Any explanation would help ,an . Thanks

So if I hold 100 shares of naked stock and I buy a call and sell a get some premium or just let the call expire and get some premium at the close of the options contract do I lose my initial 100 shares upon the contract expiring or upon the selling of the call?
Does the buyer of my call get my 100 naked shares because I sold the option or let it expire seeing as the original 100 naked shares cover the call to the upside or down side and if the call is in the money doesn’t that actually work in my favor and just make me even more money when I sell the call?
Isn’t in the money where you prefer to sell a call anyway?

https://youtu.be/MgR-5y_EqeY I would be trilled to have your opinion on that

Hi Sasha! Great videos. Could you do one on the poor man’s covered call? I saw a video about buying a very long term call and selling multiple times short term calls

So you're saying he had $142,000 laying around to throw at this covered call that he's willing to give up for a couple thousand in gains? I don't understand.

When you are talking about the Diagnol trade. isn't the assumption that my broker will let me sell a call without covering it? the reason i have to do the covered call is that most all of the brokers won't let the retail novice investors do naked call.

so, to my point. is there a better strategy which is kind of a hybrid of Diagnol and covered call where i'd have some limited amount of risk on my investment?

How can I begin a career as a trader? I am in financial services right now so it doesn't really align with the job descriptions.

What skill sets should I pick up? Books?

Hey Sasha, question about Option Selling. Say that I have sold 10 Put contracts with a strike price of $10, with an expiration date 3 weeks out, for a stock that is currently trading at $15. Right before expiration, I see that the price of the stock is still $15 and it's practically guaranteed that the stock won't drop to $10 at expiration. Do I still need to "Buy to Close" to close the loop and keep the premium or can I just watch the stock stay at $15 and do nothing at expiration and still keep the premium? Also, if I sell an Option, do I get the premium immediately or do I receive it progressively as the time decays?

Thank you bro ..