How to increase covered call income without dumping more money?

Since January, my average has been around $470 in premium a month. Im also using around 4 - 6K to generate this. Looking for suggestions on how to increase total monthly premiums.

Amazon rfdzz77 Jun 1, 2021

look into poor man's covered call

Amazon rfdzz77 Jun 1, 2021

it's also called a long call diagonal debt spread. you can find lots of references via Google. โœŒ๏ธ

MSCI WksK27 Jun 2, 2021

I looked up diagonal debit spread, where you take a far month ITM and sell current month OTM. However, for that to make money, the stock has to go up, and that too, preferably in the far month. Have you had success with such structures ? It appears to have low probability of success, but I'm new to this, so would love to learn more about it

Cox Automotive pioN42 Jun 1, 2021

10% a month is nuts. What are you writing covered calls on?

Microsoft ahahy3 OP Jun 1, 2021

Mainly AMC

Facebook public2 Jun 1, 2021

Rofl

Amazon LUX1E Jun 1, 2021

Nicely done doubling the 4k over a year though

Salesforce !Parker Jun 1, 2021

Itโ€™s insane , whatโ€™s the stock and give us examples

Microsoft ahahy3 OP Jun 1, 2021

AMC weekly calls. Literally got lucky in the beginning with the whole meme trading.

LinkedIn stonk๐Ÿ“ˆ๐Ÿ“ˆ๐Ÿ“ˆ Jun 2, 2021

Selling naked puts ๐Ÿ™ƒ

Microsoft ahahy3 OP Jun 2, 2021

๐Ÿค”๐Ÿค”