# Covered Call Strategy: Generate Income from Your Stocks In the fast-paced world of options trading, **93% of retail traders lose money**. Yet, the 7% who thrive have one thing in common: mastery of effective strategies. Among these, the **covered call strategy** stands out as a powerful method to generate income from your existing stock portfolio. But how can you join this elite group of traders? Let’s explore. ## What Is the Covered Call Strategy? The covered call strategy is an options trading tactic where you sell call options against shares of a stock you already own. This approach allow