Quartus
Individual Learning
Individual Learning
Quartus Individual Learning
Learn, invest, thrive.
Covered calls and cash-secured puts, in plain English. The QI way is a monthly loop: own shares you would keep, get paid to write a call, put the premium back to work. Allen Toole has traded this way since. 2005. This is a classroom -- not a signal service.
Own first
Buy-and-hold is the base. Options sit on top of shares you already accept.
Who this is for
Working professionals who want a second engine besides salary
Students learning how a 100-share unit actually works
Business owners who already watch money in and money out or asset leveraging
The loop
Account
1
Open a brokerage or Roth. Give the contributions a place to land
Mentor
Allen Toole
Math major. Eighteen years in uniform (USAR). Thirty-seven+ years in IT, including application development and Quality Assurance. Trading since 2005, buy-and-hold since 2013: Covered Calls on Stocks he owns, Cash-Secured Puts on Stocks he wants to buy, premium reinvested. Self-funding account. He teaches because the learning curve is REAL and the JARGON is confusing.
This is a description of a educatinal process, not a promise of income and not advice for your account. Everyone's situation is different. Consult a licensed professional before you trade. Options can lose money. Assigment is a feature, not a surprise
Automate
2
A monthly amount you will not miss. The Qi example is $50.
One contract
A unit is 100 shares and one option. We size around that, not around hope
One unit
3
100 shares of a name you would hold without the option.
People early in a career who can automate a small contribution
Retirees who want income from shares they already own
Write the Call
4
Sell one Covered Call. Write the numbers down first, then submit.
Write it down
Worksheet before ticket. Assignement, capped upside, and a drop are all on the page
Reinvest
5
Premium plus contributions toward the next unit. Repeat.