| What's
New at CallWriter?
| |
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Real
Advances in the
Arts and Crafts of
Covered Call Writing
(and other great
things!) |
Members'
Trading Lab Series (September
2008)
We
inaugurated a monthly online trading lab for CallWriter
members in which we talk about the market, hot and cold
industries, look at potential trades and management
of open trades. The presentation is not lecture-based,
but CW members learn quite a bit about the call writing
process and get questions answered. This is a marvelous
benefit of CallWriter membership, and it is available
at no charge to members.
Our
Global Select (Dividends) Lists (August
2008)
Yet
another CallWriter first, these proprietary lists are
composed of stocks from all around the world that consistently
have been growing EPS (earnings
per share) over the years - and this year - and are
expected to continue doing so. They are attractively
priced compared to earnings with a low PEG
ratio (price:earnings growth), and which
pay a cash dividend. They
are mid-cap or larger. and they all pay dividends. The
CallWriter Method
is all about choosing the most conservative stocks,
not the highest returns.
Well,
these ARE the most conservative stocks.
Latest
Research Page Upgrade
(August
2008)
Our
Research Page
is one of the best analytical
tools out there, where we have
aggregated some of the best research available. Recent
updates to this great analytical tool have made it even
more powerful, enabling you to do critical research
on the stock and its industry with a few mouse clicks.
You
DO want to save time finding trades, right?
TSX-Canada
Lists (May
2008)
This
is another CallWriter first. These proprietary lists
are for our Canadian members who would like to write
covered calls, naked puts and SuperPuts in C$ using
Canadian-listed
(not US-listed) stocks.
Stocks on these lists are listed on the Toronto
Stock Exchange (TSX) and their TSX symbols
are used; price, volume and other data provided reflect
TSX transactions. The call options featured on these
lists are listed on the Montreal Stock Exchange
(MX), and symbols, prices, volumes, open interest
and other data provided reflect transactions on the
MX.
NOTE:
All
money amounts are shown in Canadian dollars (C$).
Trade
Management Calculator™ Upgrade
(May
2008)
Our
proprietary Trade Management
Calculator™ was - and remains
- a major innovation in covered call writing. It allows
you to enter live positions and manage them as the trade
unfolds. CallWriter members swear by it. Though the
calculator itself is web-based, all position data is
stored on your computer. We have now upgraded it to
allow you to export your position data in the form of
a text file. This allows you to transfer the data to
different computers (a lot of our members use the
calculator on more than one computer) in order
to keep position data synchronized. Now you can painlessly
import and export
position data.
Our
Proprietary SuperPutLists (August
2007)
Another
CallWriter first, these lists present potential covered
call trades with the addition of a long put having an
expiration of 6 to 8 months. But not any put - these
puts are extremely cheap and have very little time value
and a low vega. In fact, the cost of the put is usually
only 1.5 to 2.5 times the call premium.
The
SuperPut structure - a type of collar position - is
designed to limit risk in the covered call position.
In fact, our SuperPut lists do not present any potential
trade in which the maximum possible loss exceeds 10%,
and in many trades, the maximum possible loss will be
in the 5-8% range. Nice to know that the loss is capped
even if the stock suffers a catastrophic loss! |