Oil giant BP (BP) posted strong earnings last week, accompanied by a dividend hike and share buyback. The stock price jumped from $34 to over $38 in just two days. Judging by a block trade in BP options, the stock could remain elevated into March. A trader purchased 10,000 covered calls which collect about 1% in premiums in a lit
If you’re not doing this in your portfolio right now…
You could be missing out on $5,900 per month in retirement.
I’m not referring to some new dividend strategy…
And this does NOT involve forex or anything complicated or risky like that.
But this “Recession-proof” strategy can generate up to $5,900 per month… in up markets… down markets… and anything in between.
