Guess what the maintenance requirement on Amazon stock is…
which means, you can buy 100 shares for less than $100k - and then continuously write calls on that stock. Go look. Calls with roughly 30-40 days left in them that are near the money are going for about $13’ish thousand.
I could very happily collect that every 40 days for the rest of my life.
I can’t believe this. Some sucker out there is willing to pay $15 grand for a call option on Amazon?