Mark Yegge's $10,000/Month Covered Calls: MY SHOCKING REVIEW (LOSE Money?) 🚨 ‪@coveredcalls‬

I took a deep dive into Mark Yegge's "Covered Calls Income" strategy from his channel Passive Income, Covered Calls and Stocks, promising $10,000 a month in passive income, and what I found is highly concerning. 

If you're considering this strategy, you NEED to watch this review first!

In this video, I break down why Mark Yegge's approach to covered calls (including the use of deep in-the-money options and synthetic long stock) is fundamentally flawed and likely to:

Underperform the Market: Covered Call ETFs consistently underperform simply holding SPY.

Sacrifice Upside Potential: You cap your gains while retaining significant downside risk.

Lead to Major Losses & Margin Calls: Especially on volatile stocks like Tesla (TSLA), brokers can force you to close positions for astronomical losses due to margin requirements when the stock moves against you.

Be Misleading: The claim of $10,000 a month on minimal investment is likely unrealistic given the risks and limitations.

I'll walk through a real-world Tesla (TSLA) example showing how selling in-the-money covered calls can cost you tens of thousands in potential upside, leaving you with minimal profit compared to simply holding the stock. This strategy could cause immense stress and is, in my opinion, not worth trying.

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