Central Florida Options Group

We will be meeting for our July Meetup on Tuesday, July 21st, at 5:30 PM in the Total Wine Conference Room. We hope you'll be able to join us!

## Diagonal Call Strategy – Generating Consistent Income with Options

This month we'll take an in-depth look at one of the most versatile and capital-efficient option strategies available—the Diagonal Call Strategy, often referred to as the Poor Man's Covered Call (PMCC).
This strategy combines the leverage of a longer-term call option with the income potential of selling shorter-term calls against it. It can be an excellent alternative to owning shares outright while generating recurring premium income week after week.
During this presentation, we'll cover:

• Why diagonal calls can be an attractive alternative to traditional covered calls.
• How to identify the best stocks and ETFs for the strategy.
• Selecting the ideal long call (delta and expiration).
• Choosing the best short call to maximize income while managing risk.
• Position sizing and capital requirements.
• Managing the trade, including rolling short calls and making adjustments.
• Profit targets, exit strategies, and risk management.
• Real-world trade examples and common mistakes to avoid.
• How the strategy fits into an income-focused options portfolio.