Born to Sell Review | Is This the Best Software for Covered Call Options Trading?

So, you’re exploring the world of covered call options trading and stumbled upon Born to Sell. It’s only natural to wonder if this software best fits your trading needs, right? We’re here to provide you with an impartial review that digs deep into the nitty-gritty of Born to Sell.
We’ll be assessing its features, pricing, overall performance, and how it compares to other options in the market. You deserve to make educated decisions, and we’re committed to delivering a transparent analysis of this software.
Keep reading as we discover in this Born to Sell review if this software is excellent for covered call options trading or if you need to keep searching for your perfect match.
What is Born to Sell?
Born to Sell is about helping you make some extra income by finding covered calls to sell. If you’re unfamiliar with covered calls, they involve owning the underlying stock and selling call options.
You get to pocket the premium, which doesn’t cost you anything if the option isn’t executed. It’s sort of like earning rent while holding stock positions.
Born to Sell is user-friendly. You can set your income goals, and it’ll offer you recommendations based on those targets.
Plus, this great “Top 10 Covered Calls” feature displays a list of stocks with the day’s most popular covered calls, so you’re always in the loop on where the trading action is happening.
Born to Sell Trading Style
As we’ve mentioned, it’s a platform that focuses on covered call options, meaning you first buy the stock and then sell the call options to a buyer in exchange for a premium.
The options contract allows the holder to buy the underlying stock from you at a set price, known as the strike price.
Now, the best thing about selling covered calls is that 75% of all options expire worthless, so options sellers have an inherent advantage. The strategy is mainly used by swing traders and investors who have a portfolio and are looking to generate passive income.
However, there’s a risk of having the shares taken from you at the option’s strike price if the shares become in the money (ITM), meaning the price surpasses the strike price before or at the expiration date.
Features of Born to Sell
Alright, let’s look at some of the key features you can expect from this covered call options trading platform.
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Covered Call Options Trading Tutorial
They have a pretty extensive library of tutorials and content about the covered calls strategy and how to use the software.
The learning curve is relatively mild for anyone with basic options trading experience, but the tutorials are full of examples for total newbies and help simplify the whole sequence.
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Portfolio Management
This feature provides traders with essential data, including stock price changes, ex-dividend dates, time premiums, rate of return, and downside protection information. This makes it easy to manage your assets.
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Covered Call Search Tools
These tools are designed to help traders find and identify profitable investing opportunities.
The software updates users’ top 10 most popular covered calls throughout the day, so you can see where in the market the action is right now for trading covered calls.
You can also explore other strikes and expirations within the same options chain. Other tools include a search/screener function (complete with various filters) and “Income Goal.”
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The Income Goal
With this feature, traders can enter their income goal, and the system suggests investment opportunities that can help them reach their goal(s).
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Email Alerts
These alerts can be either about items on your watchlist or dividends you’ve received. Born to Sell also offers a newsletter called “Seller’s Paradise.”
If you’d like to know how Born to Sell performs against other options trading services, read our PowerX Optimizer and TC2000 review post.
Born to Sell Pricing
You already have a sound idea of what this platform is all about. Now, the one thing you’re wondering is what it will cost. Well, let’s find out.
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Free plan
Born to Sell offers a 14-day free trial, but you’ll need to provide your credit card information, and you’ll be charged once the trial expires.
This free trial gives you complete access to the platform’s features, making it easy to decide if you want to stick with it.
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Paid plans
For paid plans, three billing options are available: a monthly subscription, a quarterly subscription, and an annual subscription.
The monthly subscription is the most expensive option, costing $59.95. But if you opt for quarterly billing, you’ll get a 17% discount, which comes to $149.95.
If you decide to pay annually, the upfront charge is $499.95, but you’ll get a 31% discount compared to the monthly rate.
Pros of Born to Sell
- Provides real-time scans to easily identify covered call trading opportunities
- Simple and intuitive interface with easy-to-understand settings
- Efficient training and instructional tutorials are available
- Convenient portfolio management dashboard
- User-friendly platform that’s easy to navigate and use
Cons of Born to Sell
- Limited to only covered call trading
- Free trial requires credit card information
Is Born to Sell Worth it?
So, you’re asking if Born to Sell is a good options platform. Yes, we think so.
It’s an excellent option for anyone who wants extra income from trading covered calls. While the strategy is unlikely to produce the massive gains often flouted by so-called “trading gurus,” it has nonetheless proven to be a consistent source of income for those who partake.
Plus, the platform is user-friendly, making it easy for first-time users to navigate.
We highly recommend trying the Born to Sell if you’re interested in trading covered calls. Click here to get started with Born to Sell and see how it goes.