Want to make money selling calls but don’t have the cash for 100 shares? No worries, there’s a cheaper way,the Poor Man’s Covered Call (PMCC) or Synthetic Covered Call. How It Works (Super Simple!) Buy a long-term call (LEAPS) : This is your “discounted” stock that gives you the right to buy shares later. Sell a short-term call : This is how you collect premium $$$, just like a regular covered call! Why It’s Cool ✅ Way cheaper than buying 100 shares ✅ Generates passive income from selling calls ✅ Uses leverage smartly (but don’t go crazy!) Real Example $MSTR is $329.20 Buying 100 shares costs $32,920! Instead, you: ✔ Buy ITM LEAPS call (expires next year or near a year depending your budget ) $300 strike costs around $11,600 - This is way less than $32,920 to control 100 shares 🧠 Of course , you start a PMCC when stock has been down + IV down🤷🏻‍♂️ ✔ Sell a short-term call and collect $1,200 every few weeks? ( if things go on your favor ) Maybe the $345 strike price on Feb 21? Boom! You’re running a covered call strategy without needing a fortune. Risk? If the stock moons 🚀 past your strike price, you cap your gains. But hey, that’s the trade-off for spending way less upfront! Ever tried the Poor Man’s Covered Call? ☎️ PS: This is not financial advice. Always do your own research and consult your financial advisor or broker to understand the risks involved.