Although it is named Covered Call, it is quite unconventional from the usual covered call model system. This is automated with people who invested >20L with us at lesser risk. As usual, the setups are shared free.

Example –

• https://in.tradingview.com/chart/IOC/51eHm9Yk-IOC-Fundamental-Bet-Expansion-of-Retail-Outlet-Covered-Call/
• https://in.tradingview.com/chart/MINDTREE/YGl5ZQJw-MindTree-Covered-Call/
• https://in.tradingview.com/chart/SUNTV/MujGSw1I-Positional-Suntv-Covered-Call/
• https://in.tradingview.com/chart/PNB/lqwXMLEU-PNB-Discussion-Covered-call/
• https://in.tradingview.com/chart/VEDL/3HY5E4I9-Vedanta-Positional-Covered-call/

So here is how the covered call system works.

The core assumption is to make the investment, investment free! That is, Earning ripping off the invested stocks by options with limited loss.

We buy shares worth of 8 Lakh. Let’s take VEDL as an example – We entered at 215. We entered at Aug 18 with 800000/215 ~ 3720 ~ 3700 shares. Now, We pledge it. We sell options of VEDL each month – call options! We aim to make a 5-10 point each month from covered call alone.

• We enjoy the dividend. Dividend so far – 18 (While writing this artcile).
• Profit on Covered call so far – 43
• Net points – 18+43= 61
• CBSL = 200.
• Current BEP = 215.2 – 18 – 42.6 = 154.6
• Updated TSL = 160.

If it triggers 160, We will close it irrespective of any news. This point of 160 gets lowered each month on accumulated profit. These models are running on every low beta and high marketcap stocks (We’ve a special screeener around it.)