With each passing day, investor focus is widening from the near-term impact of spiking oil prices to how—and where—higher energy costs will filter through the broader market.

Natural gas prices surged to multi-year highs in January on the back of sharply increased demand resulting from a major late-month storm and persistent cold snap that left much of the United States blanketed in ice and snow.

Silver has rallied sharply over the past six months, outperforming many major asset classes and even gold. While geopolitical risk, easing monetary conditions, and inflation-related demand have supported precious metals broadly, silver’s move has been especially pronounced—bringing both its drivers and potential constraints into focus.

In this article, we will demonstrate how the use of daily options within a covered call strategy has the potential to generate substantial income while also targeting the total return of equities.