Outrageous Predictions
Révolution Verte en Suisse : un projet de CHF 30 milliards d’ici 2050
Katrin Wagner
Head of Investment Content Switzerland
Investment and Options Strategist
Résumé: Mini-options on ASML now allow investors with just 10 shares to generate income using the conservative covered call strategy. This article explains how it works, what the potential outcomes are, and why it’s a game-changer for long-term investors seeking to make their portfolio more productive.
A new way for long-term investors to put their shares to work
ASML is one of Europe’s most successful tech companies. Many long-term investors hold the stock as part of a buy-and-hold strategy, believing in its future role in the semiconductor industry.
But at over €660 per share, buying 100 shares — the minimum needed for a traditional options strategy — would cost over €66,000. Until recently, that meant selling covered calls was out of reach for many smaller investors.
That has changed.
Mini-options are a new type of option contract that represents just 10 shares instead of 100. This makes conservative option strategies, like covered calls, finally accessible to smaller shareholders.
What is a covered call? It’s when you sell a call option on a stock you already own. If the stock price stays below the option’s strike price, you keep your shares and receive the option premium as income. If the stock rises above the strike, your shares may be sold at that level — but you still keep the premium.
Let’s walk through a practical example.
The strategies and examples provided in this article are purely for educational purposes. They are intended to assist in shaping your thought process and should not be replicated or implemented without careful consideration. Every investor or trader must conduct their own due diligence and take into account their unique financial situation, risk tolerance, and investment objectives before making any decisions. Remember, investing in the stock market carries risk, and it's crucial to make informed decisions.