Surprisingly, Tesla (TSLA) has just become one of my best income plays of 2020. This wasn’t the case until a few weeks ago because this opportunity was never really available / accessible / feasible to a lot of investors, including myself. But something happened recently that essentially turned Tesla into a pretty sweet income opportunity literally overnight. In today’s video I explain what happened, how I jumped on this opportunity to generate $4,172 in cash income (a 103.7% annualized yield) ... and how I hope to repeat this income play to generate thousands of dollars in income every 30-45 days from Tesla, as long as the opportunity exists. ► Watch how I play Starbucks for $760 in seconds: https://www.youtube.com/watch?v=LktEm7aW4kM ► Jason Fieber’s Stock Portfolio + BUY and SELL alerts: https://patreon.com/jasonfieber ► Early Retirement Blueprint: https://dividendsandincome.com/early-retirement-blueprint/ Hey guys! My name is Greg Patrick, and I’m one of the co-founders of Dividends and Income. If you’re new here, we're all about sharing some of our best ideas for generating passive income. In today's video, I'm going to show you how I sell options for relatively high income. I've been selling options since 2013, generating outsized income from growth stocks like Tesla (TSLA), NVIDIA (NVDA) and Alibaba (BABA)... as well as outsized yields from high-quality dividend growth stocks like Apple (AAPL), Microsoft (MSFT), Cisco (CSCO), Wal-Mart (WMT), United Parcel Service (UPS), Coca-Cola (KO), McDonald's (MCD), PepsiCo (PEP), Johnson & Johnson (JNJ), Lowe's (LOW), Aflac (AFL), Target (TGT), Medtronic (MDT) and more. Selling options is an important part of my income-generating investment strategy. Over the years I've generated tens of thousands of dollars selling options... a couple months ago I generated over $10,000 in option income in a single day (from 10 option trades where I sold covered calls)... and just a few days ago, I sold a cash-secured put option that generated over $4,000 in income from Tesla (TSLA) — that’s what today’s video is about! I've also made mistakes over the years that I've hopefully learned from them, and I'm still learning today! So by no means am I pro options trader or seller. However, I do have some experience after doing this for so many years and I've also found some success with my option selling strategy. So my hope with these videos is to help teach what I've learned and what's working for me given my objective(s) for my investment portfolios. Primarily, I sell options for income and to lower my cost-basis when acquiring stocks I want to own anyways. FOLLOW US: ► Website: http://www.dividendsandincome.com/ ► YouTube: http://bit.ly/dai_youtube ► Facebook: http://bit.ly/dai_facebook ► Instagram http://bit.ly/dai_instagram ► Twitter: http://bit.ly/dai_twitter ► Patreon: http://bit.ly/dai_patreon #tesla #tsla #teslastock LEGAL DISCLAIMER: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose your entire investment. If your money is not FDIC insured, it may decline in value. Greg is not a licensed financial advisor, tax professional, or stock broker and he does not purport to be. OPTIONS DISCLAIMER: Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. Copies of this document may be obtained from your broker, from any exchange on which options are traded or by contacting The Options Clearing Corporation, investorservices@theocc.com.