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The CallWriter Method
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Here are the three critical elements for success in covered call writing:
- Trade selection - selecting the best trades and call strike prices
- Planning the trade from start to finish
- Managing the trade for maximum profitability
The CallWriter Method is a systematic approach to covered call writing. It's about picking
the very best and most stable stocks, planning the trade properly (to "trade the plan"
you need a plan) and managing the trade when required. |
Take our quick self-survey on covered call writing:
Whether you are an experienced covered call writer, or interested in covered calls, CallWriter
offers quite a lot to you. Please take a quick self-survey of your covered call writing skills.
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Covered
Calls Skill Test |
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How to pick the best covered call
stocks?
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What stocks must you absolutely avoid,
and why? |
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The importance of support and resistance
and how to use them? |
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How to handle earnings announcements? |
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The elements of covered call trade
planning? |
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The best ways to enter trade orders
and when to use which orders? |
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What are your alternatives if the
stock moves up or pulls back? |
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How to handle a stock if you're not
called out? |
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Tricks to avoid
locking in a loss when rewriting stocks? |
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How to keep stock you don't want
called away? |
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The best times
to write portfolio stocks you want to keep? |
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How to write a downtrending market,
and how (and when not to)? |
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When to write OTM,
ATM or ITM? |
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How to research a covered call candidate
quickly and thoroughly? |
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How to avoid the
whipsaw when the stock pulls back or advances? |
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How did you do? Experienced traders should know at least 90% of the answers. These aren't
all the things a successful covered call writer needs to know, of course. But anyone who is
not answering them easily needs CallWriter.
CallWriter members learn these things
How? Much of this knowledge is presented right on our website for viewing by all members (even
those on the free trial membership) - at no extra charge. There's even a "Getting
Started" section for less-experienced covered writers. For that matter, a book's worth
of covered call knowledge is presented right in our free
archive of past Money Newsletters.
Members also attend our periodic TeleLab trading teleconferences, on which we teach
aspects of covered writing, talk trading tips and secrets, look at trades to illustrate trading
principles and help members diagnose trades. And we impose no extra charge to members for participating
in any TeleLab.
We also offer the best covered call seminars anywhere. And best of all, you actually learn
many of these things (order entry, trade selection, trade planning, trade management) in hands-on
fashion during the seminar. No one else offers interactive seminar learning - unless they started
copying CallWriter.
Tools and Education
Hundreds of people over the years have joined CallWriter and learned to write covered calls
profitably or learned to take their covered call writing to a higher and more consistent level.
Believe me, if you invest the time and effort, you can, also.
And it must be emphasized, much of our education is available nowhere else. And our covered
call tools are incredibly powerful, useful - and unique. We think CallWriter is the world's
best covered call site, but more importantly, so do our members.
Won't you join us? Give CallWriter a try today.
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