Working Money: Writing Covered Calls by Michael Dunham
ARTICLE SYNOPSIS ...Working Money: Writing Covered Calls by Michael Dunham
If you think that options trading is
only for short-term traders and
speculators, think again.
By taking advantage of an option
strategy known as covered call
writing (selling), you can gather
small, consistent returns, which,
when compounded over time, can
give you a respectable overall
return. Not only that, writing covered calls
with a buy-and-hold strategy can protect your
portfolio from major losses. Considering there
are more than 2,000 stocks with listed options,
as well as options on some depository receipts
(MDY, QQQ, and so on)...
AUTHOR: Michael DunhamDATE: MAR 2002SUBJECT: Novice Traders' Notebook
AUTHOR: Michael DunhamDATE: DEC 2001SUBJECT: Trader's Notebook