3 Options Trades You'll Get Paid to Make

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We all know that you can make money -- oftentimes pretty quickly -- by trading options, whether stocks or the market itself are going up or down. But using options as a speculative tool is only one way to pad your portfolio with "extra" profits. You might not automatically consider options when it comes to building your retirement wealth or for generating income, but think again.

There are strategies out there using both options and something called "hybrid options" to help investors use their existing stocks to generate income, including covered call writing, put selling and hybrid options securities like Stock Return Income Debt Securities (STRIDES). I'll tell you how to use these strategies and give you three options trades you'll be getting paid to make.

Next: Covered Calls