Explore Your Options by Jay Kaeppel
WRITING COVERED CALLS AGAINST STOCK PORTFOLIO
I keep reading about the potential to generate income from my stock portfolio by writing covered calls against the stocks I hold. But I am not sure of the best way to go about trying to do so. Are there any rules that might be helpful?
There’re a lot of rules and guidelines that can be helpful. But let me start by stating what I call “the great irony of option trading” and it goes like this: The best thing about option trading is also the worst thing about option trading ...