Sell Covered Calls for Monthly Passive Income
Follow this step-by-step checklist to start generating $725+ monthly premium income from stocks you already own.
Based on: Make $1,225 Monthly Passive Income Selling Covered Calls by Steve | Call to Leap
Follow this step-by-step checklist to start generating $725+ monthly premium income from stocks you already own.
Based on: Make $1,225 Monthly Passive Income Selling Covered Calls by Steve | Call to Leap
What if your investment account could pay you every single month — even when the market goes nowhere?
Most investors park their money in stocks and just wait. They watch the market drift sideways for months, their portfolio barely budging, and they tell themselves there's nothing they can do but be patient. Meanwhile, their cash is quietly being eroded by inflation. That waiting game can stretch 15, 20, even 30 years before you see a real payout. There has to be a better way.
There is. And Steve from Call to Leap has been using it in his own portfolio — and teaching it to his community members, his coaches, and even his mom. It's called the covered call strategy, and it's one of the most straightforward income-generating moves available to everyday investors.
Picture this: you own 100 shares of a stock like Amazon, and instead of just sitting on them, you collect a "reservation fee" from another trader — $725 in 30 days, just for agreeing to hold your shares. If they buy your shares, you pocket an additional $500 capital gain, bringing your monthly haul to $1,225. If they don't buy, you keep the $725 and do it all over again next month. That's rental income logic applied to the stock market — and it works whether the market is climbing, flat, or pulling back.
Steve breaks this down the way only a former public school teacher can — no jargon, no intimidation, just clear analogies and a live walkthrough on the Thinkorswim platform. He covers exactly which stocks and ETFs to target, the two specific scenarios you'll face at expiration, the real risks you need to understand, and the step-by-step process to execute your first covered call trade.
This checklist captures every actionable step from Steve's video so you don't have to take notes, rewind, or guess what comes next. From choosing the right stock using his four-criteria framework, to navigating the option chain, to selecting your strike price and expiration date — it's all here, in order, ready to follow.
Whether you're brand new to options or just looking for a structured reference you can return to every month, this PDF checklist is the fastest way to go from watching to actually doing. Download it, open your brokerage account, and start putting your money to work this month.
Every checklist item comes with actionable notes to guide you — things like "Don't forget to do this before you start," "Avoid this common mistake," or "Set a reminder for 30 days out." Nothing vague, just clear next steps.
+ 23 more action items inside...
Instant PDF download. Start taking action today.
✓ Instant download · ✓ PDF format · ✓ No subscription