Using Covered Calls to Generate Income in a Choppy Market

In a market that's moving sideways with elevated volatility, covered call strategies shine. By selling calls against existing stock positions, investors can generate income while waiting for the next directional move.

The key is selecting appropriate strike prices and expirations. In the current environment, I recommend selling calls 5-7% out of the money with 30-45 day expirations for optimal premium collection.