Where do you start when you want to start trading stocks and covered calls?

That is the topic is this video. In it I go over how to get started, how to calculate how much money you need to get started, what you can make, and some simple guidelines I wish I knew when I got started.

Here’s I trade that looks interesting to me. I might just put this on in my personal account. This will not be an OptionGenius trade because there is too much risk, but it is something I would consider for my personal account.

I’ve been thinking about getting into F, Ford. It seems they are in the clear in terms of not going into bankruptcy. And with Chrysler already in Bankruptcy and GM going that way soon, there is going to be only 1 US car manufacturer left. That means those that will only buy American don’t have any option other than buying a Ford.

Ford also has  large short interest so any good news will cause a short squeeze shooting the price up. At today’s price I would not mind buying some F and holding on to it long term.  And of course selling calls against it every month for income.

So the trade [...]