How I Made $42K in Two Weeks with MicroStrategy Covered Calls

#nvesting cash flow cashflow cashflow machine coveredcall coveredcalls elite financial freedom income generation makemoney mark yegge mentorship program microstrategy mstr options optionstrading passive investing passiveincome risk management stock options stockmarket stocks trade like a pro trading strategies wealth building

Welcome! If you’ve been looking for a way to generate consistent income from the stock market, this guide will show you how Mark Yegge leveraged MicroStrategy (MSTR) to earn $42,100 in just two weeks using covered calls. Whether you’re new to options trading or looking to refine your skills, this blog will break it all down step by step.

The Strategy in Action

Selling Covered Calls for Immediate Premium Income

Initial Setup: Mark Yegge used a synthetic long position, purchasing deep in-the-money options to simulate owning shares. For MicroStrategy, he used a $250 call expiring in June.
Selling Calls: He sold calls at a $400 strike price for $25 per contract, generating upfront income while taking on limited risk.

Taking Advantage of Time Decay
Time decay (theta) reduces the value of options as they approach expiration. Here’s how Mark Yegge used this to his advantage:

He sold the $400 calls for $25 and bought them back for $9.25 when time decay and market movement reduced their value. This resulted in $11,569 in profit.

Rolling Positions to Maximize Gains

After closing the $400 calls, Mark Yegge rolled his position to sell calls with a $375 strike price, earning an additional $1,855 per contract.
By managing his positions actively, he locked in further profits and ensured his strategy remained on track.

The Earnings Breakdown

In two weeks, Mark Yegge’s trades looked like this:

Week 1: $17,500 profit from closing positions.
Week 2: $11,600 profit from rolling calls to lower strikes.
Projected Week 2 Profit: $13,000 if the stock closes above $375.

Total Earnings: $42,100 in just two weeks.

Why This Works

MicroStrategy’s Volatility: MSTR is known for its price fluctuations, making it ideal for options trading. Volatility increases premiums, providing opportunities to profit from time decay and price movements.

Synthetic Options: Using deep in-the-money calls instead of owning stock outright allowed Mark Yegge to deploy less capital while maintaining exposure to price movements.

Rolling Calls: Adjusting positions by rolling calls to different strike prices or expiration dates ensures flexibility and continuous income generation.

Life-Improving Tips

Start Small
If you’re new to covered calls, practice with smaller positions to minimize risk and gain experience.
Monitor Volatility
Look for stocks with significant volatility to maximize premiums.
Leverage Time Decay
Selling options and buying them back as they lose value can yield consistent profits.
Understand Synthetic Positions
Synthetic calls mimic owning stock but require less capital. They’re ideal for creating a cost-efficient strategy.
Stay Disciplined
Follow a well-defined strategy, adjust positions as needed, and don’t chase trades.

FAQs

Q: What are synthetic options?
A: Synthetic options use deep in-the-money options to replicate the benefits of owning shares with less capital.

Q: What is rolling a call?
A: Rolling involves closing an existing options position and opening a new one, often with a different strike price or expiration, to adjust risk or maximize income.

Q: Is this strategy high-risk?
A: While covered calls are relatively low-risk, using volatile stocks like MSTR requires proper risk management and understanding of options.

Q: How much time does this take?
A: Mark Yegge’s system is designed to take less than an hour a week, making it semi-passive.

Call to Action

Are you ready to start earning consistent income with covered calls? Learn more about Mark Yegge’s Cash Flow Machine system and take your trading to the next level.

Get started today

Conclusion

Mark Yegee’s $42,100 in two weeks is a testament to the power of covered calls when combined with a disciplined approach. By leveraging MicroStrategy’s volatility, time decay, and synthetic options, he has created a system that generates consistent income.

Start small, practice, and refine your strategy—you could be on your way to earning thousands from the stock market!

How I Made $42K in Two Weeks with MicroStrategy Covered Calls

Insider Tips Newsletter

Join Our Free Trial