Description
BLOOMBERG PRESS New Insights On Covered Call Writing by Richard Lehman , Lawrence G McMillan
Does this sound like you? You want the longterm returns from stocks but dont 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 youve been looking for.
You can achieve longterm 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 easytounderstand guide.