How to use options to increase your income

Now this is what I call a great option!

Financial options can be very useful for generating additional income and improving overall investment returns.

There are many option products and strategies available.  Some of these can get very complex, and some are very risky also.

The focus of this post is on basic put and call options.  More specifically, we will discuss the merits, risks and tax implications of selling (or going short) these options in order to generate income. Continue reading “How to use options to increase your income”