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Covered Calls Mastery: The Option Income Cash Machine
Rating: 4.3 out of 5(23 ratings)
101 students

Covered Calls Mastery: The Option Income Cash Machine

A Step-by-Step Guide to Earning Monthly Income Using Options, and Proven Risk Strategies
Created byFLEX Financial Trading Group
Last updated 6/2025
English

What you'll learn

  • Introduction to Options (Calls, Puts, Key terms, Advanced Options Strategies)
  • Basics of Option Greeks (Delta, Theta, Gamma, Vega)
  • How Covered Calls Work
  • How to Use Covered Calls to Generate Passive Income In Your Own Portfolio (Step by Step, Think or Swim)
  • Risk Management
  • How to Scale Covered Calls and Build Your Income System
  • How to Create Weekly Cash Flow
  • How to Use Covered Calls as Fuel for Explosive Gains in Your Portfolio (Re-investing, Compounding, Dividends)

Course content

1 section • 8 lectures • 1h 45m total length

  • Introduction5:32

    Explore covered calls to generate passive income and grow your portfolio. Learn options basics, greeks, risk management, and how to execute a covered call step by step using Thinkorswim.

  • Introduction to Options15:33

    Explore how options work, including calls and puts, strike prices, expiration, and premium, and learn to generate income with covered calls while hedging risk.

  • Introduction to Options Quiz
  • Basics of Options Greeks13:21

    Master the basics of options and the Greeks, including delta, theta, vega, and gamma, and learn how they move option value and risk. Prepare for covered calls.

  • Basics of the Greeks Quiz
  • Covered Calls Part 1 - Strategies for Passive Income & Risk Management22:28

    Discover how covered calls generate passive income and manage risk by owning 100 shares, selling calls for premiums, and capturing capital gains when called away.

  • Covered Calls Part 2 - Designing a Safe Covered Call Strategy17:20

    Design a safe covered call strategy to manage risk, using dividend-paying Dow stocks in 100-share increments, and optimize strike prices, expirations, and premiums for steady income.

  • Covered Calls Part 3 - Leveling Up Your Covered Call Strategy12:21

    Level up the covered call strategy by laddering expirations, multiplying premiums with 100-share contracts, reinvesting into long-term dividend-paying stocks, and tracking trades to build a scalable weekly income system.

  • Covered Calls Quiz
  • Execute Covered Calls in ThinkorSwim13:54

    Execute covered calls in thinkorswim by buying 100 shares, selling a call from the option chain, and evaluating premiums and expiration. Use papermoney to practice before live trading.

  • Perfecting Your Options Income Cash Machine for BIG GAINS4:53

    Learn to implement covered calls and options income with Flex University coaching, including beginner series, VIP bonus with advanced options strategies, weekly coaching, and breakthrough strategy call.

Requirements

  • No Prior Options Experience Required! This course is designed for beginners and requires no previous knowledge of options trading. Whether you're new to investing or looking to expand your skills, we’ll guide you step-by-step from the basics to more advanced covered call strategies.

Description

Learn how to generate consistent passive income using covered calls — one of the most powerful, reliable, and beginner-friendly options trading strategies available today. Whether you’re a brand-new investor or looking to refine your skills, this comprehensive course provides a clear, step-by-step roadmap for trading covered calls with confidence.

You’ll gain a deep understanding of how covered calls work, from basic terminology to selecting strike prices, choosing expiration dates, and managing trades in real-time. The course includes platform tutorials, trade execution examples, and detailed risk management strategies to help you maximize income while protecting your portfolio.

Your instructors, Kevin Tennerson and Courtney Golden, are the founders of FLEX Financial Trading Group and bring over 25 years of combined trading and investment experience. They teach the proven FLEX Financial approach, which goes beyond covered calls to include long-term investing, volatility trading, bear call spreads, and more. Their mission is to help students build wealth, generate consistent income, and confidently navigate today’s financial markets with practical, real-world trading strategies.

Whether your goal is to create monthly income, grow your long-term portfolio, or expand your trading skill set, this course will equip you with the tools and knowledge to succeed.

Who This Course Is For

  • Anyone who wants to generate passive income from the stock market using covered calls.

  • Beginners looking for a step-by-step, easy-to-follow introduction to covered calls.

  • Intermediate traders who want to refine their covered call strategy and learn advanced tactics.

  • Long-term investors seeking consistent income while managing risk.

  • Traders who want practical platform training for placing and managing covered call trades.

  • Investors interested in building confidence, protecting capital, and avoiding common mistakes.

Who this course is for:

  • Investors and traders who want to generate passive income using covered calls, whether they're beginners learning the basics or experienced traders looking to refine their strategy and manage risk effectively.

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