Selling covered call

I have notice that some influencer are saying that you can make passive income selling covered call. Upon further investigation I came to the conclusion that it may not be true passive income.

Yes, it’s true that you can generate income selling covered calls, either weekly, biweekly, monthly or longer. But there is still risk involve.

Also, it ought to be consider more like a passive speculation because it’s not set it and forget it. You still need to keep Buying shares again after they get assigned or selling covered call again after expiration if they are not assigned.

That’s assuming that you just doing one at a time, if you doing multiples then it’s more work.