7 Tips for Writing Covered Calls

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Getting Started

To open up shop and begin our option writing business, we should have some specific objectives to guide us, and the two which I feel are the most important to the covered option writer are:

#1: To maximize the flow of income per month.

In order to maximize the flow of income from covered option writing, the covered option writer should attempt to extract at least a 20% annual return on the value of each 100 shares of stock that he holds in his portfolio.

Next: Objective #2