This lesson is for those who want to put their money to work in a longer term covered call. LOCC stands for Long Term Covered Call. When we Write a Covered Call we are selling time. With LOCC we choose to park some of our money into a longer term trade—usually 5 to 7 months. We can choose LOCC stocks which put to work: No.R.M., or No Required Movement, and then let time do its thing—deteriorate.
READ, LEARN, AND APPLY, THEN KICK BACK AND RELAX.
• LOCC IT DOWN
• More Real Deals
• LOCC UP MORE PROFITS
$9,500 MAKES $10,000 IN SIX MONTHS
• THE OPTION CYCLES: A look at the yearly chart.
LOCC is a wonderful way to build assets in a very passive way.