finance and investing

This book offers a good introduction to covered call writing , is easy to understand and follow. If you are already practicing covered call writing as I have been for several years you are probably aware of the importance of timing when to sell your covered calls. By selling calls at the wrong time you could end up losing your stock and giving up further stock profits which are usually much higher than the covered call premiums you obtained. Unfortunately this book does not go into strategies for timing your sale so as to enhance your premium value but avoid the stock being called. I would recommend that this book be supplemented by other books that go into more detailes on timing option sales or purchases. I have been able to at least double my returns by using good timing strategies in addition to ideas in this book.

This is the only book about options I've ever seen that can be understood and followed. The fact that it is written as a novel helped me understand it and also made it much more interesting. Best of all, this program worked for me. I've written several calls using this program and have gotten excellent annualized returns of well over 20%. The Excel software that comes with the book made it easy for me to make call writing choices. I highly recommend this book for investors with a stock portfolio who want to improve their investment returns.

I generally will not trash a book that is targeted at the novice but this will be an exception. First, I am a novice at options investing so should have been right in the middle of the target market for this book. Fact is, I learned more just searching the Internet while I was waiting for the book to arrive than I learned from the book. It is just too simplistic. All the knowledge contained in this book could have been conveyed in a 20 page pamphlet rather than this 300+ page puff piece with its wide margins and large fonts. A true disappointment.