Option Trades Today
Option Trades Today
tastylive
Covered Call on Robinhood Stock
3 minutes Posted May 21, 2026 at 12:30 pm.
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Robinhood stock dropped from $120 to $75. Most traders would either hold and hope or cut the loss. Jamal bought it and immediately sold a call against it.

A covered call turns a stock position into an income trade. You buy the stock, sell an upside call, and collect premium that lowers your cost basis every single cycle.