Trading as a Beginner Part 4: Writing Covered Calls
David Mitchell • March 11, 2024

How would you like the potential to make 68% returns or higher in four and half months? Writing covered calls is a fun, slightly more advanced trading strategy. With those of you who are a little more conservative when it comes to risk, writing covered calls might become your favorite strategy.
This is part four in our series Trading for Beginners. Click HERE to watch the full playlist on YouTube.
✅ SUBSCRIBE TO OUR YOUTUBE CHANNEL: https://www.youtube.com/@TRADEway/videos
Click
HERE to book a complimentary strategy session.
Download the free guide “10 Steps to Choosing Your First Stock to Trade.”
Covered in This Episode:
- Overview of covered calls
- How covered calls are like a house that you fix up and rent out
- How covered calls can create cash flow
- When to write a covered call
- A real world example: MITK
- Six stocks that will work RIGHT NOW for this play (recorded on Feb 15th)
Suggested Content:
- Trading for Beginners Part 1: Buy & Hold vs Rolling Stocks
- Trading for Beginners Part 2: The Power of Leverage
- Trading for Beginners Part 3: Skyrocket Your Leverage

Did you love this? Share it with your family & friends!

By Ben Mitchell
•
February 9, 2026
What if most Christians were never taught the full biblical picture of wealth? Did the Church get wealth wrong? In this powerful Season 7 premiere of The Word on Investing Podcast, Ben Mitchell shares TRADEway’s Vision for 2026 — and the biblical foundation behind why stewardship, wisdom, and hard work matter more than ever. For many believers, money has been surrounded by confusion, guilt, or misunderstanding. But what if Scripture paints a very different picture? In this episode, we unpack: ✔ The difference between riches vs true biblical wealth ✔ Why Proverbs 21:20 calls believers to pursue wisdom and stewardship ✔ What Colossians 3 teaches about work, purpose, and serving Christ ✔ Why TRADEway does NOT teach “get rich quick” trading ✔ How generational, God-honoring wealth is built over time ✔ Why knowledge and wisdom are more valuable than gold At TRADEway, we believe stewardship starts with the right foundation — spiritually, mentally, and financially. Our mission is to help believers: • Replace fear with knowledge • Replace guessing with systems • Replace quick-money thinking with legacy stewardship • Use financial wisdom to serve God, family, and Kingdom impact If you’ve ever wondered: 👉 Is it actually biblical for Christians to build wealth? 👉 Does God want believers to prosper — or just survive? 👉 Can investing be part of faithful stewardship? 📖 Key Scriptures Discussed: Proverbs 21:20 Colossians 3:23–24 🙏 Our Prayer For You That you walk faithfully in your calling, steward wisely what God gives you, and use your work to bring Him glory. Biblical Investing | Christian Finance | Faith-Based Wealth | Christian Stewardship | Biblical Money Principles 👍 If this encouraged you: Like the video Subscribe for weekly Biblical investing education Share with someone who needs this message

By Matt Mitchell
•
January 6, 2026
If you’re losing money trading, it’s probably because of one of these three things you need to quit doing. Many traders are addicted to more–more trades, more screens, more stress. What’s the problem with that? Sometimes it’s the fastest way to blow up your account. Hi, my name is Matt Mitchell. I’ve been trading for seven years and I absolutely love it. I’m also a Personal Strategist here at TRADEway. And today I want to share with you three things I quit doing to make more money trading.

By Matt Mitchell
•
January 6, 2026
If you’re losing money trading, it’s probably because of one of these three things you need to quit doing. Many traders are addicted to more–more trades, more screens, more stress. What’s the problem with that? Sometimes it’s the fastest way to blow up your account. Hi, my name is Matt Mitchell. I’ve been trading for seven years and I absolutely love it. I’m also a Personal Strategist here at TRADEway. And today I want to share with you three things I quit doing to make more money trading.

By David Mitchell
•
December 8, 2025
Did you know that 80-90% of stock traders fail? This might look like pretty terrible odds at first, but don’t let this statistic scare you. In this episode, I’m going to show you how to be the exception. Let’s look at the seven most common reasons why traders give up.

By David Mitchell
•
December 8, 2025
Did you know that 80-90% of stock traders fail? This might look like pretty terrible odds at first, but don’t let this statistic scare you. In this episode, I’m going to show you how to be the exception. Let’s look at the seven most common reasons why traders give up.

By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…

By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…

By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.

By Ben Mitchell
•
February 9, 2026
What if most Christians were never taught the full biblical picture of wealth? Did the Church get wealth wrong? In this powerful Season 7 premiere of The Word on Investing Podcast, Ben Mitchell shares TRADEway’s Vision for 2026 — and the biblical foundation behind why stewardship, wisdom, and hard work matter more than ever. For many believers, money has been surrounded by confusion, guilt, or misunderstanding. But what if Scripture paints a very different picture? In this episode, we unpack: ✔ The difference between riches vs true biblical wealth ✔ Why Proverbs 21:20 calls believers to pursue wisdom and stewardship ✔ What Colossians 3 teaches about work, purpose, and serving Christ ✔ Why TRADEway does NOT teach “get rich quick” trading ✔ How generational, God-honoring wealth is built over time ✔ Why knowledge and wisdom are more valuable than gold At TRADEway, we believe stewardship starts with the right foundation — spiritually, mentally, and financially. Our mission is to help believers: • Replace fear with knowledge • Replace guessing with systems • Replace quick-money thinking with legacy stewardship • Use financial wisdom to serve God, family, and Kingdom impact If you’ve ever wondered: 👉 Is it actually biblical for Christians to build wealth? 👉 Does God want believers to prosper — or just survive? 👉 Can investing be part of faithful stewardship? 📖 Key Scriptures Discussed: Proverbs 21:20 Colossians 3:23–24 🙏 Our Prayer For You That you walk faithfully in your calling, steward wisely what God gives you, and use your work to bring Him glory. Biblical Investing | Christian Finance | Faith-Based Wealth | Christian Stewardship | Biblical Money Principles 👍 If this encouraged you: Like the video Subscribe for weekly Biblical investing education Share with someone who needs this message

By Matt Mitchell
•
January 6, 2026
If you’re losing money trading, it’s probably because of one of these three things you need to quit doing. Many traders are addicted to more–more trades, more screens, more stress. What’s the problem with that? Sometimes it’s the fastest way to blow up your account. Hi, my name is Matt Mitchell. I’ve been trading for seven years and I absolutely love it. I’m also a Personal Strategist here at TRADEway. And today I want to share with you three things I quit doing to make more money trading.

By Matt Mitchell
•
January 6, 2026
If you’re losing money trading, it’s probably because of one of these three things you need to quit doing. Many traders are addicted to more–more trades, more screens, more stress. What’s the problem with that? Sometimes it’s the fastest way to blow up your account. Hi, my name is Matt Mitchell. I’ve been trading for seven years and I absolutely love it. I’m also a Personal Strategist here at TRADEway. And today I want to share with you three things I quit doing to make more money trading.

By David Mitchell
•
December 8, 2025
Did you know that 80-90% of stock traders fail? This might look like pretty terrible odds at first, but don’t let this statistic scare you. In this episode, I’m going to show you how to be the exception. Let’s look at the seven most common reasons why traders give up.

By David Mitchell
•
December 8, 2025
Did you know that 80-90% of stock traders fail? This might look like pretty terrible odds at first, but don’t let this statistic scare you. In this episode, I’m going to show you how to be the exception. Let’s look at the seven most common reasons why traders give up.

By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…

By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…

By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.

By Ben Mitchell
•
February 9, 2026
What if most Christians were never taught the full biblical picture of wealth? Did the Church get wealth wrong? In this powerful Season 7 premiere of The Word on Investing Podcast, Ben Mitchell shares TRADEway’s Vision for 2026 — and the biblical foundation behind why stewardship, wisdom, and hard work matter more than ever. For many believers, money has been surrounded by confusion, guilt, or misunderstanding. But what if Scripture paints a very different picture? In this episode, we unpack: ✔ The difference between riches vs true biblical wealth ✔ Why Proverbs 21:20 calls believers to pursue wisdom and stewardship ✔ What Colossians 3 teaches about work, purpose, and serving Christ ✔ Why TRADEway does NOT teach “get rich quick” trading ✔ How generational, God-honoring wealth is built over time ✔ Why knowledge and wisdom are more valuable than gold At TRADEway, we believe stewardship starts with the right foundation — spiritually, mentally, and financially. Our mission is to help believers: • Replace fear with knowledge • Replace guessing with systems • Replace quick-money thinking with legacy stewardship • Use financial wisdom to serve God, family, and Kingdom impact If you’ve ever wondered: 👉 Is it actually biblical for Christians to build wealth? 👉 Does God want believers to prosper — or just survive? 👉 Can investing be part of faithful stewardship? 📖 Key Scriptures Discussed: Proverbs 21:20 Colossians 3:23–24 🙏 Our Prayer For You That you walk faithfully in your calling, steward wisely what God gives you, and use your work to bring Him glory. Biblical Investing | Christian Finance | Faith-Based Wealth | Christian Stewardship | Biblical Money Principles 👍 If this encouraged you: Like the video Subscribe for weekly Biblical investing education Share with someone who needs this message

By Matt Mitchell
•
January 6, 2026
If you’re losing money trading, it’s probably because of one of these three things you need to quit doing. Many traders are addicted to more–more trades, more screens, more stress. What’s the problem with that? Sometimes it’s the fastest way to blow up your account. Hi, my name is Matt Mitchell. I’ve been trading for seven years and I absolutely love it. I’m also a Personal Strategist here at TRADEway. And today I want to share with you three things I quit doing to make more money trading.

By Matt Mitchell
•
January 6, 2026
If you’re losing money trading, it’s probably because of one of these three things you need to quit doing. Many traders are addicted to more–more trades, more screens, more stress. What’s the problem with that? Sometimes it’s the fastest way to blow up your account. Hi, my name is Matt Mitchell. I’ve been trading for seven years and I absolutely love it. I’m also a Personal Strategist here at TRADEway. And today I want to share with you three things I quit doing to make more money trading.

By David Mitchell
•
December 8, 2025
Did you know that 80-90% of stock traders fail? This might look like pretty terrible odds at first, but don’t let this statistic scare you. In this episode, I’m going to show you how to be the exception. Let’s look at the seven most common reasons why traders give up.

By David Mitchell
•
December 8, 2025
Did you know that 80-90% of stock traders fail? This might look like pretty terrible odds at first, but don’t let this statistic scare you. In this episode, I’m going to show you how to be the exception. Let’s look at the seven most common reasons why traders give up.

By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…

By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…

By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.

By Ben Mitchell
•
February 9, 2026
What if most Christians were never taught the full biblical picture of wealth? Did the Church get wealth wrong? In this powerful Season 7 premiere of The Word on Investing Podcast, Ben Mitchell shares TRADEway’s Vision for 2026 — and the biblical foundation behind why stewardship, wisdom, and hard work matter more than ever. For many believers, money has been surrounded by confusion, guilt, or misunderstanding. But what if Scripture paints a very different picture? In this episode, we unpack: ✔ The difference between riches vs true biblical wealth ✔ Why Proverbs 21:20 calls believers to pursue wisdom and stewardship ✔ What Colossians 3 teaches about work, purpose, and serving Christ ✔ Why TRADEway does NOT teach “get rich quick” trading ✔ How generational, God-honoring wealth is built over time ✔ Why knowledge and wisdom are more valuable than gold At TRADEway, we believe stewardship starts with the right foundation — spiritually, mentally, and financially. Our mission is to help believers: • Replace fear with knowledge • Replace guessing with systems • Replace quick-money thinking with legacy stewardship • Use financial wisdom to serve God, family, and Kingdom impact If you’ve ever wondered: 👉 Is it actually biblical for Christians to build wealth? 👉 Does God want believers to prosper — or just survive? 👉 Can investing be part of faithful stewardship? 📖 Key Scriptures Discussed: Proverbs 21:20 Colossians 3:23–24 🙏 Our Prayer For You That you walk faithfully in your calling, steward wisely what God gives you, and use your work to bring Him glory. Biblical Investing | Christian Finance | Faith-Based Wealth | Christian Stewardship | Biblical Money Principles 👍 If this encouraged you: Like the video Subscribe for weekly Biblical investing education Share with someone who needs this message

By Matt Mitchell
•
January 6, 2026
If you’re losing money trading, it’s probably because of one of these three things you need to quit doing. Many traders are addicted to more–more trades, more screens, more stress. What’s the problem with that? Sometimes it’s the fastest way to blow up your account. Hi, my name is Matt Mitchell. I’ve been trading for seven years and I absolutely love it. I’m also a Personal Strategist here at TRADEway. And today I want to share with you three things I quit doing to make more money trading.

By Matt Mitchell
•
January 6, 2026
If you’re losing money trading, it’s probably because of one of these three things you need to quit doing. Many traders are addicted to more–more trades, more screens, more stress. What’s the problem with that? Sometimes it’s the fastest way to blow up your account. Hi, my name is Matt Mitchell. I’ve been trading for seven years and I absolutely love it. I’m also a Personal Strategist here at TRADEway. And today I want to share with you three things I quit doing to make more money trading.

By David Mitchell
•
December 8, 2025
Did you know that 80-90% of stock traders fail? This might look like pretty terrible odds at first, but don’t let this statistic scare you. In this episode, I’m going to show you how to be the exception. Let’s look at the seven most common reasons why traders give up.

By David Mitchell
•
December 8, 2025
Did you know that 80-90% of stock traders fail? This might look like pretty terrible odds at first, but don’t let this statistic scare you. In this episode, I’m going to show you how to be the exception. Let’s look at the seven most common reasons why traders give up.

By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…

By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…

By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.





