MSTR Covered Call Strategy 2026: Make Your First $1,000 in Options Income

A lot of my clients who subscribe to the MSTR Covered Call Strategies Newsletter are complete beginners who never made a single dime writing call options before.

In this guide, I will share with you my simple MSTR covered call options strategy that can generate thousands of dollars in weekly income if you enable level 1 options trading on your brokerage account and take action every week.

What is a Covered Call?

A covered call is an options strategy where you own shares of MSTR stock and sell call options against those shares to generate income.

In exchange for collecting a premium, you agree to sell your shares at a set price (the strike) if the stock rises above it.

It’s commonly used to produce consistent cash flow from holdings, especially in sideways or moderately bullish markets.

How Selling Covered Calls Works

Once you get level 1 options approved on your brokerage account, you can sell covered calls in as little as 5 minutes whenever the US stock markets are open.

1. Log into your brokerage account and open the “Options” setting
2. Select “Sell to Open” and enter the number of contracts you want to sell
3. Choose the Strike Price and Expiration Date of the Options Contract to Sell
4. Enter a Market or Limit trade with your desired premium
5. Wait for a buyer to pick up your contracts and collect money

You can use this money instantly on platforms like Robinhood to withdraw the funds, buy other Stocks or ETFs, or just let the money sit in your account and collect interest.

Some other clients prefer to reinvest the premium income intro more MSTR shares to lower their costs basis or STRC to earn monthly dividend income every month.

My Simple MSTR Covered Call Strategy for 2026

Every weekend, I perform research on MSTR to provide 3 actionable trade recommendations on Monday morning for my paid newsletter subscribers.

Here’s a simple breakdown of my MSTR weekly covered call income strategy:

• Target strike prices with a Delta or less than 0.30 (or 30% of less chance of the options contract finishing in the money)
• Aim to sell covered calls on green days (positive days for MSTR) when options premiums are higher than usual
• Generate 3 different trade ideas for the week based on risk tolerance and options income

Risk Factors

• Seasonality: There are some periods of the year when selling covered calls could backfire and cause you to lose your shares if your options get executed.

Resources

• Barchart
• TradingView
• Coinglass

Subscribe to my MSTR Covered Call Newsletter to receive 3 trade recommendations every Monday morning.