I Made $18,000 in ‘Free Money’ Selling Call Options on 200 Tesla Shares: Here’s How the Strategy Works
Key takeaways
- Here is how the trade works, using his Tesla example.
- Austin Hankwitz from the Rich Habits Podcast called covered calls “the freest money that exists” and made north of $18,000 in premium income on Tesla (TSLA) shares in 2024-2025.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Tesla wasn t one of them.
I Made $18,000 in ‘Free Money’ Selling Call Options on 200 Tesla Shares: Here’s How the Strategy Works Don Lair Fri, May 15, 2026 at 10:18 PM GMT+7 3 min read TSLA NVDA On a recent episode of the Rich Habits Podcast titled "169: Our Favorite Passive Income Strategy (2026)," co-host Austin Hankwitz called covered calls "one of the simplest options strategies in investing" and "the freest money that exists." His receipt: "In 2024, 2025, I ve made north of $18,000 in premium income on my 200-ish shares of Tesla stock."
Here is how the trade works, using his Tesla example.
Austin Hankwitz from the Rich Habits Podcast called covered calls “the freest money that exists” and made north of $18,000 in premium income on Tesla (TSLA) shares in 2024-2025.