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Option Trading: The Best Way to Sell Stock (Robinhood)

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The BEST way to sell stocks on Robinhood is by using Options!
You can do this by selling a covered call! This will allow you to sell your shares at a price determined by you and get paid for listing the shares for sale via the means of option premium.

This video demonstrates opening a covered call on SKLZs which is currently trading at $12/share.
A $12.5 Strike Call is sold for $75. If nobody buys the shares you get to keep the $75. However if someone does you get the $75 plus the $1,250 for the shares.

Please note that Covered Calls limit the upside on your long shares. Meaning if SKLZ stock value increases any amount above $12.5 you will still have to sell at $12.5 provided the contract is exercised. Trade accordingly.

Please use the link below, for a my recommended investing apps. These are all referral links so we both get free rewards if you sign up!

www.justeasyoptions.com/Investing-Apps

#OptionTrading #OptionsonRobinhood #OptionTutorials

Disclaimer: This is educational information.
All Trades have risk that should be considered before entering any trade. Options carry significantly more risk than stocks.

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