New Insights on Covered Call Writing

New Insights on Covered Call Writing shows you how to understand this investment vehicle.

Does this sound like you?  

• You want the long-term returns from stocks but don’t like the volatility…   
• You like the security of income from bonds and CDs, but the yields are too low… 
• You wish there was a sensible discipline you could follow that would provide the attractive returns offered by common stock yet with more consistency and less risk…

If so, then covered call writing may be the investment strategy you’ve been looking for.

You can achieve long-term returns commensurate with stock market returns but with lower volatility and less downside risk. The trick is to combine stocks with call options by “writing” a call against a stock you already own. Professional investment managers have been using this strategy for years, and recent developments have now made it easier for individual investors to employ it as well. Options experts Richard Lehman and Lawrence McMillan unlock the secrets of covered call writing in this groundbreaking, easy-to-understand guide. BOOK DETAILS : CONTENTS INCLUDE :

Preface

Introduction

Part I: BUILDING THE FOUNDATION

CHAPTER 1: Option Basics

CHAPTER 2: Just Beyond the Basics

CHAPTER 3: Covered Writing Mechanics

Part II: EXECUTING THE STRATEGY

CHAPTER 4: Turning a Position into a Strategy

CHAPTER 5: The Benefits of Covered Writing

CHAPTER 6: Intangible Benefits

CHAPTER 7: Implementation

CHAPTER 8: Advanced Implementations

CHAPTER 9: Tools for Covered Writers

Afterword

Appendix A: Timeline of Options Trading in the United States

Appendix B: Sample Covered Writing Spreadsheet for Tax Purposes

Appendix C: Tax Rules for “Qualified” Covered Call Options

Appendix D: Twenty-Stock Covered Call Study