The $1000 Question

The $1,000 Question

Here’s an interesting challenge:

Here at Coverd we have spent many, many months checking and double checking that our system to dramatically improve the returns that can be made on investing in the stock market works.

We have even used our own investment portfolios as we wanted to make sure that the system’s ability to mitigate against risk also works. The beauty of the Coverd system is that it not only looks to enable you to make substantial monthly returns on covered calls, but that the system can also act as a buffer when share prices don’t go in the direction you had hoped.

Discuss covered calls with like-minded investors

One of the aspects we enjoy most about Coverd is that we are building up a wonderful community of investors who are happy to share their thoughts with us and other fellow investors. We do this via the Discord and Telegram ‘hang out’ where we all meet up and chat, as well as have monthly investment strategy meetings for paid members.

The other day, one of our app users dropped the bombshell that over a 24-hour period, they made an additional $1,000 using the Coverd App! That is over and above the money they made on the original investment.

Yes, you really can make $1000 from covered calls

So, where’s the problem we hear you ask. Surely this is great news. And it is. The problem is, how do we announce that one of our members who uses the Coverd app made an additional $1,000 in just one day? How do we stop ourselves from looking like one of the ‘get rich quick’ schemes that the internet seems rife with?

Maybe it would be easier to believe the exciting news if we put things into perspective:

First, the investor had a substantial sum of money invested.

In order to sell two (2) covered calls on Amazon you must hold 200 shares of Amazon stock. As of writing this, this amounts to $37,500. This is akin to a return of 2.6% per month.

Second, this return is brilliant for highlighting the potential benefits of the Coverd system and app, but this return did NOT materialize over night. The sale was made on April 17th '24 with an options expiration date on May 17th '24. This means the premium is only fully earned and the final outcome of the trade known, once the option expires.

We have no wish to make unrealistic claims as we are confident that achieving returns of between 10 and 30% over a year is impressive enough.

Use covered calls to help give you greater financial security

However, one shouldn’t lose sight of what the end goal is when it comes to using the Coverd app, and that is to both mitigate against losses you may incur with your investments, while also looking to help you grow your investment fund and give you greater financial security in the future.

Of course, we want to tell everyone that it is possible to make $1,000 in a day and we are delighted to have helped one of our members achieve another step towards financial freedom. After all, as the expression goes, “You’ve got to be in it to win it.” In other words, to have the chance of boosting your investment portfolio beyond what you may have previously been happy to settle for, you need to start using the Coverd app.

Take a look to see how much your portfolio could earn using our free app.

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