First Majestic Silver Corp. (AG)

[slimhere]

Happy to provide the little bit of knowledge that I have. I believe you're right about your account not being set up to trade options, you have to sign a release for whatever firm you're trading with, plus you sign that you've read the risk involved in trading options.

Roots, I'd contact your customer service, tell them you want to at least sell cover calls. If you're thinking about selling any stock that you hold, one hundred shares is one contract, you can look at a higher price than the stock is currently trading at, then sell the call. You get to keep the money, BUT, they might call your shares. JPM has a lot of action, check out their table, doesn't cost a thing to look. AG is lightly traded. Today, AG picked up action, also OI is open interest, that means how many outstanding contracts are currently being held by investors.

https://www.investopedia.com › articles › covered-call
When to Sell a Covered Call — A covered call is constructed by holding a long position in a stock and then selling (writing) call options on that ...
?What Is a Covered Call? · ?Profiting from Covered Calls · ?When to Sell a Covered Call

Good Luck