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In this video we are talking about selling covered calls. Specifically, we are continuing to back-test and iterate on the VERY BEST WAY to go about selling covered calls every single day on an index ETF such as the Russell 2000 ETF (IWM). In this video we explore which covered call strategy works the best from a total returns perspective. ---------------------------------------------------------------------------------------- JOIN THE PATREON COMMUNITY! ➡ https://www.patreon.com/AverageJoeInvestor WANT ACCESS TO ALL OF MY SPREADSHEETS I USE ON THE CHANNEL ALONG WITH THE MONTHLY DIVIDEND STOCK SPREADSHEET AND INSTANT AWARENESS OF CHANGES TO MY PORTFOLIO? JOIN THE PATREON COMMUNITY! ----------------------------------------------------------------------------------------- ➡ https://www.patreon.com/AverageJoeInvestor You can also Work with Joe 1 ON 1! Want to increase your option selling knowledge and get started! ----------------------------------------------------------------------------------------- 🔴 Partner With Me - [email protected] ----------------------------------------------------------------------------------------- This communication/content is for informational purposes only and is not intended as personalized investment advice, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. This communication should not be relied upon for purposes of transacting in securities or other investment vehicles. ------------------------------------------------------------------------------------------ Key Points About Selling Covered Calls || How Covered Calls Work Selling a covered call means you own at least 100 shares of a stock and sell a call option, giving someone else the right to buy your shares at a set "strike price" before the option expires. You collect a premium for selling this option, generating extra income from your stock holdings. Your maximum profit is the premium received plus any stock appreciation up to the strike price. If the stock stays below your strike price (e.g., 30% above current price in your strategy), you keep both the premium and your shares. If the stock rises above your strike price, your upside is capped: you keep the premium and get the 30% gain, but miss out on any gains above that strike price. Your maximum loss is the stock price dropping to zero, offset only by the premium collected. When Covered Calls Work Best Covered calls are ideal when you expect the stock to be flat or only moderately rise-not for highly volatile or strongly bullish stocks. The strategy can be used to generate income in sideways or mildly bullish markets, or to set an effective selling price for a stock you’re willing to part with. You give up potential profits above the strike price-if the stock soars, you only get up to the strike price plus premium. The premium provides limited downside protection; if the stock drops significantly, you still face losses, just slightly reduced by the premium. Assignment can occur any time before expiration if the stock price exceeds the strike price, requiring you to sell your shares. Tips for Your Covered Call Strategy Selling calls 30% above the current price is conservative; the likelihood of assignment is lower, but the premium collected will also be smaller. The higher the strike price (further out-of-the-money), the less income you receive, but the more upside you keep. Monitor your positions, as you may want to adjust or "roll" your calls if market conditions change

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Cannabis gummies have become a popular way for people to enjoy the benefits of cannabis in a convenient and delicious form. These gummies are infused with cannabinoids, such as THC and CBD, which are known to have various therapeutic effects. One of the most well-known benefits of cannabis is its mood-enhancing properties. Many users have reported feeling more relaxed, happy, and creative after consuming cannabis gummies. In this comprehensive review, we will explore the mood-enhancing effects of cannabis gummies in more detail.

The Science Behind Cannabis Gummies

Cannabis gummies are made by infusing gummy candies with cannabis extract. The active ingredients in cannabis, such as THC and CBD, interact with the endocannabinoid system in our bodies to produce various effects. THC is the psychoactive component of cannabis and is responsible for the “high” feeling that many users experience. CBD, on the other hand, is non-psychoactive and has been shown to have anti-anxiety and anti-inflammatory properties. When consumed in the form of gummies, these cannabinoids are absorbed through the digestive system and metabolized by the liver, producing a slower onset of effects compared to smoking or vaping.

One study published in the Journal of Psychopharmacology found that cannabis with higher levels of THC was associated with greater feelings of euphoria and relaxation. Another study published in the Journal of Affective Disorders found that CBD was able to reduce symptoms of anxiety and depression in participants. These findings suggest that the mood-enhancing effects of cannabis gummies are likely due to the interaction of THC and CBD with the endocannabinoid system in the body.

Benefits of Using Cannabis Gummies for Mood Enhancement

There are several reasons why cannabis gummies are a popular choice for enhancing mood. One of the main advantages is the convenience and discreteness of gummies compared to other methods of consuming cannabis, such as smoking or vaping. Gummies are easy to dose and can be taken discreetly in public settings. Additionally, the effects of gummies tend to last longer than other methods, providing a sustained mood lift throughout the day.

Another benefit of using cannabis gummies for mood enhancement is the variety of flavors and formulations available. Many gummy manufacturers offer a wide range of flavors, such as fruity, sour, and chocolate, to suit the preferences of different users. Additionally, gummies come in different THC and CBD ratios, allowing users to choose the product that best suits their needs. This variety makes it easy for users to find a gummy that not only enhances their mood but also tastes good.

Potential Risks and Side Effects of Cannabis Gummies

While cannabis gummies can be an effective way to enhance mood, it is essential to be aware of the potential risks and side effects associated with their use. One of the main concerns is the risk of overconsumption, as it can lead to undesirable effects such as anxiety, paranoia, and impaired cognitive function. It is essential to start with a low dose of gummies and gradually increase it as needed to avoid these side effects.

Another potential risk of using cannabis gummies is the variability in potency between products. Since gummies are infused with cannabis extract, the potency of each gummy can vary depending on the manufacturer and the extraction process. It is crucial to purchase gummies from reputable brands that provide lab-tested products to ensure consistent dosing and potency. Additionally, it is essential to store gummies in a secure location away from children and pets to prevent accidental ingestion.

Tips for Using Cannabis Gummies Safely

There are several tips to keep in mind when using cannabis gummies for mood enhancement to ensure a safe and enjoyable experience. First, it is essential to start with a low dose and wait at least one to two hours before taking more gummies. Since the effects of gummies can take longer to kick in compared to smoking or vaping, patience is key to avoid overconsumption.

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It is also important to consume gummies in a comfortable and familiar environment where you feel relaxed and safe. Avoid driving or operating heavy machinery after consuming gummies, as they can impair your cognitive function and reaction time. Lastly, make sure to stay hydrated and snack on healthy foods while enjoying cannabis gummies to prevent any potential side effects such as dry mouth or increased appetite.

Conclusion

In conclusion, cannabis gummies can be an effective and enjoyable way to enhance mood and experience the therapeutic benefits of cannabinoids such as THC and CBD. By understanding the science behind cannabis gummies, the benefits of using them for mood enhancement, and the potential risks and side effects, users can make informed decisions about their consumption. By following the tips for using cannabis gummies safely, users can enjoy a positive and uplifting experience while minimizing any potential negative effects. Overall, cannabis gummies offer a convenient and delicious way to improve mood and well-being.