|
|
Why We Love
Covered Calls |
| Peace
of mind, mostly.
If you are ready to learn a conservative, simple,
easy-to-follow stock option trading strategy that
can be profitable pretty quickly, CallWriter is
the place for you. No exotic or complex strategies
are involved. You don't use margin or leverage
(unless you so choose - most don't). You are not
required to trade directionally or time the market. |
|

There
are many reasons to write covered calls... way too many
to list on a single web page. But here are some of the
main ones:
1.
Covered calls generate consistent
income, like a home-based
business.
Done
properly, and with trade discipline, covered call trading
generates a consistent income. You only need a computer
and Internet connection (and CallWriter) for success.
No vehicles, offices, employees, insurance… a
terrific business right in your home. Consistent trading
success results from consistent habits. You can do this.
| "
I'm using CallWriter for my trading and it's like
a home based business. That's exactly how I treat
it, like a business. That's what I do now. I'm retired
and I fish and I trade. All I need is my trading
deck and your service. This is a bargain, Johnny
. " James Roberts, N. Carolina |
2.
Covered calls are more conservative
than just owning
the stock.
The stream of premium income obtained from writing covered
calls actually reduces the risk of owning the stock.
So sayeth the Chicago Board Options Exchange (CBOE),
the largest US option exchange. If you're like me, you
love the idea of using a conservative strategy that
generates a substantial, consistent income.
3.
It is a non-directional strategy
that
can win in most market conditions.
Sure, some markets are fatter than others, and sometimes
(rarely) you have to stay on the sidelines, but it is
seldom that we cannot write covered calls. We're not
betting on a stock's direction. You don't to be a stock
timer and don't need any timing method to be successful
with covered calls.
| "I
have been successfully using your CallWriter covered
call system for a few years and it works well in
a rising market, flat market, and even a choppy
market." D. Strohl, Indianapolis, IN
|
4.
A covered call has few moving parts
and is very easy
to understand.
Some trades are complex, and some people prefer complexity
(we all know a few). But a covered call just involves
buying a high-quality stock and selling call options
against it for premium income. Nothing fancy –
and very easy to understand. It's not rocket science.
You can do it. I explain this simple strategy in simple
detail in Writing
Covered Call Options .
5.
Our covered call trading method
is intuitive
and easy to learn.
Everything I teach about covered call writing is common-sense
and simple, and I wouldn't have it any other way. Specialized
training and years of trading experience are not necessary
for success. It is among the very easiest trades to
learn and execute. In fact, it's ideal for new or inexperienced
traders, but old salts like it, too.
| "For
those who are still in doubt about call writing,
all I did was follow the call writing rules on your
site and read the Trade Coach [articles] religiously.
Thank you indeed for your wonderful service."
S. Gardner, Dubai, United Arab Emirates |
6.
Covered calls are very forgiving;
easy to
manage when the stock moves wrong.
Simple
trade management strategies make it easy to keep covered
call trades on a profitable course. Learn how you can
win even when the stock loses. Most strategies for stock
option trading aren't nearly so forgiving (or consistently
profitable).
7.
Time is on your side
when writing covered calls.
The
covered calls we sell eventually expire, which locks
in our profit. Time is our friend. But time is the enemy
of the option buyer. Call options lose a little
value every day, and we call writers use this decay
in value to our benefit. When calls expire, all of their
value evaporates – right into the accounts of
us covered call writers.
8.
Covered calls make maximum
use of
time decay for
maximum profitability.
You
know now that stock options lose a little value every
day. But even better, they lose the greatest percentage
of value in the last month of their existence. This
is why we generally sell options with 30 days or less
remaining before expiration. We are maximizing the time
value we put in our pocket and making maximum use of
the time decay in option value.
9.
There many ways to do covered
calls - it's a
flexible, yet simple strategy.
There
are indeed many ways to approach covered call writing.
We start you out with the simplest and in many ways
best strategy - sell calls with high premium on the
best companies, when the companies are not facing a
major event or crisis. How hard is that? You can add
the fancy stuff (though only if you want) as you learn
it. Trust me, there is a covered call strategy for you.
10.
Covered call writing - a strategy
you can do for a lifetime.
Hot
new strategies come and go, and the market adapts to
them. Or the market evolves in a different direction.
Either way, a lot of hot approaches that used to work
- don't anymore. Covered call writing is different,
since we're betting with the house. For 30 years now,
covered writing has worked like a charm. It is not a
flash-in-the-pan strategy but one you can use all your
life.
| "I'm
a long time subscriber and have used the info on
the lists for many trades. I average about 5% per
month on my money with covered calls, which I am
extremely happy with. Thanks again for the upgrades
and keep up the excellent work." D.
McAlister, Overgaard, AZ |
I
urge you to try covered call writing, with CallWriter,
today. I think you''l find that it's just your speed.
Nobody makes it easier than CallWriter.
|