There are many covered call websites. Why is CallWriter special?

CallWriter is very different, and you will never see the same data and tools anywhere else. First, CallWriter is the only website on earth that finds the highest returning covered call trades out there and that provides unique tools for managing covered call trades after you run them. There are other sites that present static (unchanging) lists at the end of the day, but these are not helpful, since many of the relevant prices will change dramatically by the next morning when you could actually run the trades. Second, our strategies work and have been proven over time with our own money. Third, our strategies and tricks are unique to us and cannot be found on any other covered call website. Fourth, we teach you how to pick and analyze trades, how to run them, how to protect yourself in the trade, and how to react when stock and option prices change, which covers you all the way through the trade. Fifth, we offer education and training that is specifically designed to make you money. We aren't philosophers – we're only interested in helping you make money.

Are you brokers or investment advisers?

No, we are not brokers, dealers or investment advisers. We simply present objective information in our Real Time Lists™ calculated by our proprietary Profit Engine™ software. We do not and will not tell you whether, when or how to buy, sell or hold any securities whatsoever and therefore do not give any investment advice. We occasionally prepare reports for our own internal use which analyze potential covered call plays based upon our own trading protocols and publish them on CallWriter. We do this because we think it is helpful to share our analytical process with our subscribers. But we will never recommend that you buy, sell or hold any security. Your investing and trading decisions, including whether to invest at all, are solely up to you and your adviser(s), if any.

What exactly are the Real Time Covered Call Lists™?

The Real Time Lists™ are lists of the highest-returning covered call trades, which are constantly updated all through the trading day. You get two months (the current month and following month) of every list. Here are the Real Time Lists™ - which include plays of interest to every trader:

How do you generate the Real Time Covered Call Lists™?

The Real Time Lists™ of the highest-returning covered calls are compiled in real time by our proprietary Profit Engine™ software. Our software looks at all the close-in call options (the several options closest to the stock's current price) on every single optionable stock. It then calculates the returns on those calls. Of those calls, CallWriter then presents to its subscribers lists of the calls paying the highest returns, which are the Real Time Lists™.

How often is your covered call information updated?

Our software compiles and updates the Real Time Lists™ approximately every 4-6 minutes in real time, depending on the market feed we receive. This means that our subscribers are getting the highest-returning covered calls first!

How do subscribers research potential stock option trades?

We make it easy to research potential covered call trades right from the Real Time Lists™ themselves! From any list, simply clicking on the stock name, stock symbol or the option symbol opens the CallWriter Research Page. Using this research tool, you can quickly look at vital information that covered call writers need before entering a trade. Here are just some of the research topics offered:

Of course, all these research capabilities enumerated are just the tip of the iceberg. You can do far more research than this. The point is that you can do the research needed right from the CallWriter lists!

Can't I just call my broker and get the same covered call information?

No way! You can't get information equivalent to the Real Time Lists™ from your broker, because your broker does not have our Profit Engine™ software and therefore cannot tell you which calls are paying the highest returns. (Unless, of course, your options broker subscribes to CallWriter, as many do.)

Will CallWriter teach me how to make money at stock option trades?

Yes, absolutely. One of the things we have always hated about almost all the trading and investing websites out there is that they just convey technical information. They never tell you how to put it all together and make money with the information. Our training is always nuts and bolts and it's focused on making consistent returns with only few (and small) losing trades. People make money based on executing simple trades that are in line with what the market is doing, not from theories, statistics or studies.

Is a 5% monthly income from covered call trades really possible?
If you exercise basic trade discipline and money management techniques (which we teach you) and use the tips, tricks and strategies we have learned and tested the hard way (with our own money) over the years, the answer is an unequivocal YES. Trading success is mostly a matter of not violating a few simple rules and of running trades that take advantage of the market's direction.

Getting Started Questions

What is a covered call?

A covered call is a combination of two simple trades: you buy shares of stock and sell call options (stock options) on those shares, which is known as writing a covered call. Better yet, selling the call options brings in income to your account. When the call options reach expiration, you sell the stock or write new calls on it, for even more income. Now how hard is that? This strategy can produce a steady 3% to 5% monthly income, which annualizes to 36% to 50% a year.

Are covered calls and stock option trades safe?

While no trading or investing strategy can ever be called truly safe, covered call writing is widely considered one of the safest and most conservative trading strategies available. Covered call writing provides income from owning stocks, and that income provides downside protection and evens out returns on stocks across different market trends. In fact, covered call writing is the only option strategy the US Government wants you to do in I.R.A. accounts.

Should I just buy the stocks with the highest-returning calls and start writing covered calls?
Please don't do that! Before purchasing a stock in order to write covered calls on it, first do the proper research and technical analysis on the stock is merited. Keep in mind that some of the very highest covered call returns occur on very volatile or unsafe stocks. Your job as a trader is to sort through the chaff and enter trades that are appropriate for the stock chosen in light of market conditions. But this is not nearly as difficult as many traders think it to be. At CallWriter we teach you to evaluate the market and the individual stock and - if the stock upon completion of analysis is a good covered call candidate - choose the appropriate call strike to sell.

Should I use a broker to write covered calls?
You can only write covered calls through an options account at a brokerage firm. However, the choice is up to you whether to trade through a live broker or to enter your orders online. An experienced options broker can be a valuable ally. Unfortunately, we have encountered few persons over the years who have traded through live brokers and made money doing so. For one thing, brokers are not money managers and frequently are not traders. For another, the high cost of trading through a live broker would eat up profits from all but the largest accounts. We would never try to dissuade you from using the services of an experienced broker you respect and trust, especially if you have made money with that broker. But does your broker fall into that category? If not, consider learning to do your own trading. That's what CallWriter is all about.

Can I learn how to make stock option trades?
There is no special gene or chromosome for trading! Everyone can learn it. If you can learn and apply new things you can learn to trade. People over-complicate trading sometimes, but it is not the arcane or complex art many make it out to be. In fact, trading is supremely the domain of just using good old common sense, and if you have that and some basic building blocks, you can trade with the best. You just have to get your arms around a few basic concepts and learn some simple techniques. You'll be surprised at how fast you will begin to pull together the elements of successful trading. You can learn to trade.

Do you offer education on covered call trading and stock option trades?
Not only do we offer education for covered call writing (and for that matter, other simple but great option strategies), we offer some of the best education and best trading training available anywhere. In fact, a lot of the tips and strategies we teach are found nowhere else in the world. Much of what is said and believed about trading, and much of what you read in books and magazines, is just flat wrong. We are not interested in fancy theories… only in what works and what can be duplicated and taught to others.

How do I begin?
First, request our Special Report on how to make 3% to 5% a month in almost any market, which we'll give you just for subscribing to our complimentary MONEY newsLETTER. It is packed with usable trading information you can actually put to work.

Subscription and Access Questions

How do I subscribe to CallWriter?

You can choose from monthly, quarterly, semi-annual and annual service plans. Subscribers must agree to our Terms and Conditions. We also offer a 10-Day free trial. You will be able to access and use CallWriter from the instant of sign-up.

Does CallWriter offer a Free Trial?

Yes, we offer a 10-day Free Trial that gives you the opportunity to try CallWriter out for 10 days and really kick the tires, absolutely FREE. To take advantage of the free trial, simply click the Free Trial link on our CallWriter home page or just click here. You must give us your credit card data and all other required information, but your card will not be charged at the time of signup. Your 10-day free trial period runs from the moment you subscribe. Use the 10 days to check us out thoroughly. If you cancel your subscription before the 10-day free trial period ends, your membership will terminate and you will not be charged.

What if I am having access problems?

First, double check your username and password to be sure you are entering the correct information. If you are still having a problem, contac us through our Support System and we will promptly address your problem.

What if I forget my password?

If you forget your password, no problem. Just click the Forgot Username or Password link on our home page (or click here), enter your email address, and we'll email it to you. You can also contact us through our Support System and we will be happy to solve your problem.

What if I want to change my username or password?

Our system (like Yahoo! and many other websites) does not allow you to change your username. However, you can change your password at any time. Just click on the My Account button found at the top of each page. Continue to use your old access information until you have received a confirmation from us that your password has been updated.

How quickly do you respond to subscriber questions?

We pride ourselves on our customer service. If you have a question of any sort, we will respond to it by email or telephone usually no later than the next business day. However, we often respond much sooner.

What is the best way to contact CallWriter.com?

You can find our contact information here, and we'll do our best to answer your questions about CallWriter and becoming a CallWriter member.