Higher Probability Commodity Trading book by Carley GarnerModifying a Covered Call Strategy for Commodity Trading

A covered call strategy is often considered a relatively conservative approach to stock market investing because it offers traders additional portfolio income and a hedge against downturns. However, traders hoping to simply apply the same approach to the commodity markets might be surprised. Due to logistic and mechanical differences between the stock and commodity markets, it is imperative that the traditional covered call strategy is modified for use in the commodity markets. Join us to discuss the necessary modifications to a covered call strategy to make it appropriate for commodity traders, how to calculate profit, loss, and risk, and tips and tricks to proper strategy development.

*Many topics discussed in this video are featured in Carley Garner's new book on commodity trading, "Higher Probability Commodity Trading." 



  • What is a covered call strategy?
  • Why is trading covered calls in commodities different than stocks?
  • Two primary modifications to a covered call approach making it appropriate for commodity trading
  • Understanding the risk and reward potential of covered calls in commodities

Futures and Options Trading Booksby Carley Garner

What People are Saying about Our Commodity Trading Books

Choosing a Futures Broker and Brokerage Service

Full-Service or Online Trading?

The decision to trade online or through a full-service commodity broker will undoubtedly make a large impact on your bottom line.

Learn More

A Fair Commission Rate vs. Low Commission

To look at commission rates objectively, we must understand the background of the futures industry and how brokerages accept risk for fees.

Learn More

Choosing a Commodity Brokerage Firm

Deciding on a commodity brokerage firm is a significant decision and shouldn’t be taken lightly. Not all traders and brokers are compatible.

Learn More

Choosing a Futures and Options Broker

Most traders in search of a futures broker are concerned primarily with trading platforms, commission, and quality guidance.

Learn More

The Truth about Futures Commission

The goal of futures trading should be to MAKE money, not SAVE it! Discount commodity brokers cut corners that cost their clients time & money.

Learn More

Commodities via Futures or ETFs?

A key difference to trading commodity futures over ETFs is leverage, but there is more to discuss, such as taxes, market hours, and efficiency.

Learn More