This is pretty much a contradiction in terms... But is the familiar pitch you'll see by YouTube option gurus. There is no such thing as a perpetual motion machine (like the wheel) either... And everyone who pitches that to you on Youtube has negative broker statements, but they won't show you that. As mentioned.. there are ETFs that will sell the covered-calls for you. There are experts that are hired to do this for you (their fees are caked into the high MERs). You'll notice something though.... ALL of these ETFs substantially underperform the very same underlay in ETFs that do NOT sell the covered calls. Now why do you think this is? Because there is no such thing as a free lunch silly. If you want income, you are trading off your 'stock'. Even if you are selling covered-calls, I like to count that as picking up nickels in front of the steam roller (but in reverse). What's reverse? Well, the PUT seller technically picks up them nickels by dancing in front of the steamroller trying not to get hit, while it's always advancing forwards. The one selling the covered calls is doing this, but by picking the ones up that are BEHIND the steam-roller. This seems much safer. The problem, is that sometimes that bloody steamroller ends up backing-up at the most unpredictable times. Gappers are unavoidable, and often impossible to climb out of. That rolling of failed bets, or 'pushing-losses-forward' exit strategy doesn't always work. It will fail eventually, which is why you will be forced to sell your stock at some point. Many experts much more advanced than you have tried (and failed) to pick up those nickels safely.