The energy sector has been far and away the best performing sector over the last year with both oil and gas prices having been on the rise.  A popular way to trade the energy sector as a whole is through the Energy Select Sector SPDR ETF (XLE).  XLE has been a solid gainer for 2022, making it a good candidate for a covered call strategy.  A 5,000-lot covered call traded last week which expires in June and pays nearly 2% in return on cash at risk.  The trade also allows for around 10% upside in the stock price.

26 Places to Find "Extra Cash" in the Next 30 Days

Finding extra money lying around your home is a glorious feeling. The following tips I've gathered over the years. Some I've used personaly, others are ones shared by friends. Let's do this. Click here