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538d biggest money mistakes: meme stocks, airline miles, covered calls going wrong + more (campfire chat with Glen and friends)

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The Covered Call Strategy

This year he started doing a covered call strategy. He purchased 100 shares of the Nasdaq QQQ, the Nasdaq 100. The idea is to generate weekly income by selling a certain date out each Friday. By his 40th birthday, things have hit the fan. Nick's broker actually literally sunk him into deficit.

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