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Covered Call Writing Demystified: Double-Digit Returns on Stocks in a Slower Growth Market for the Conservative Investor
Paul D. Kadavy Manufacturer: Arrow Pubns ProductGroup: Book Binding: Plastic Comb Similar Items:
ASIN: 0971551405 |
Book Description
"COVERED CALL WRITING DEMYSTIFIED" is a timely and profitable tutorial investment program written as a novel, primarily for investors who have some knowledge of stock market investing but are new to covered call writing. It is the first work on this subject to simplify, fully explain, and instruct investors on how to use covered call option writing on common stocks. It may offer one of the best opportunities to achieve double-digit investment returns in the slow growth or no growth stock market expected by many experts in the future. This strategy works best in such a market environment. The investment approach of writing covered call options on stocks, a more conservative investment strategy than just owning stocks alone, has been available for decades. Until now, however, it has mostly been unknown or misunderstood by many investors.Why is "COVERED CALL WRITING DEMYSTIFIED" needed? Many nationally recognized investment experts believe that the U.S. stock market in the future will most certainly produce significantly lower returns than the high returns of the past for many years to come. Some noteworthy examples:
* "The long-term prospects for equities in general is far from exciting." - Warren E. Buffett, The Chairman's Letter, Berkshire Hathaway, Inc. 2000 Annual Report, Page 3. "If you own equities, over the next twenty or thirty years you'll get a reasonable return maybe its 6%, maybe its 7%. People who expect 15% a year are doomed to disappointment." - Interview with Warren Buffett by Maria Bartiromo of CNBC TV; May 3, 2003
* "Over the next century you should expect your share prices to average 6% (return) a year. Over the next five years, ten years, I think you'll be lucky to come out even on share prices." - Sir John Templeton, pioneer in the mutual fund industry, Business Center, CNBC TV Interview; October 1, 2001
* "The Dow has gone absolutely nowhere for three, coming on four years now. I think this will last maybe for another ten years." - John Bollinger, noted technical analyst and creator of the "Bollinger Bands," CNBC TV Interview; October 29, 2001
"It's wise to have realistic expectations on the overall returns you can expect in the stock market, which over time should clock in at about 6% to 7%. The days of double-digit annual returns are probably over for some time to come." - Suze Orman, "The Financial Connection."
"COVERED CALL WRITING DEMYSTIFIED" is unique because:
(1) A detailed investment program is outlined for personal implementation to assist investors in achieving consistent double-digit returns utilizing covered call writing on common stocks. This investment strategy is most effective in a slow growth or no growth stock market, as is projected in the future by so many investment experts.
(2) The entire subject matter is centered on a focused area of standardized options...covered call writing on stocks an investor owns or acquires in the future.
(3) A complete education on the subject is provided.
(4) Unlike other books about options, it is easy to understand by any investor. The book is written as a novel, which increases reader interest and ease of comprehension.
(5) Numerous easy-to-use Microsoft® Excel templates on a CD/ROM for PC use as well as manual worksheets are provided with the book to assist in making specific investment decisions regarding which covered calls to write on stocks, to effectively track results, and for other planning purposes.
(6) Practical application exercises are included at the end of the chapters to personalize the information provided and assist with profitable planning and execution.
Customer Reviews:
Not worth the money.......2004-01-11
waste money and time.......2003-09-13
Low risk strategy only with the right timing tools.......2003-09-07
Too much emphasis on Return, not enough on Risk.......2003-09-02
For example, it is very easy to view a $1 premium on a $20 stock as a +5% return when the transaction is initiated. But if the stock declines to $15 upon expiration, the total return is actually -$4 (-20%), which would wipe out several months of gains from other successful covered writes. This outcome is a very real possibility, even though in this book there is little discussion of this outcome or what to do about it, or, better yet, how to prevent it.
Another good book on Covered Calls is "New Insights on Covered Call Writing", which more thoroughly explains the risks involved with a covered write investment program.
As with any investment strategy, it is best to (1) learn as much as possible, (2) make sure both reward and risk are understood, and (3) practice on paper before jumping in with real funds. Toward this end, I found both books very helpful.
DON'T MISS THIS IF YOU ARE NEW TO CALL WRITING.......2003-08-13
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Options Demystified
Thomas A. McCafferty Manufacturer: McGraw-Hill ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0071454152 |
Customer Reviews:
A Winner That Lives Up to Its Title.......2005-11-11
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Investing Demystified
Paul Lim Manufacturer: McGraw-Hill ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0071444122 |
Book Description
The first Demystified guide to take the mystery out of investing, Investing Demystified provides independent investors with hands-on explanations of basic investing topics without needless detours. Built around the no-nonsense model that has made Demystified one of McGraw-Hill's most popular series, this helpful and practical self-teaching guide cuts right to the chase and gives straightforward direction to anyone tired of being confused by Wall Street jargon and the investing arena.
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Put Option Writing Demystified: Earn Double-Digit Cash Returns While Waiting to Buy Stocks at a Discount
Paul D. Kadavy Manufacturer: Arrow Publications - Arizona ProductGroup: Book Binding: Plastic Comb Similar Items:
ASIN: 0971551448 |
Book Description
"Put Option Writing Demystified" is the only book devoted exclusively to the subject of generating double-digit income returns from a little-known, often misunderstood and conservative investment opportunity known as "put option writing." In fact, it can be more conservative than simply owning stocks alone. And the good news is that this strategy works best during slow growth, flat or even slightly declining markets.This book fully stands on its own merits, but it can also be viewed as a companion text to "Covered Call Writing Demystified" (see the book description on Amazon.com for more information). Hence the similarity in name. These are the reasons:
* Put option writing and covered call writing have essentially the same reward and risk characteristics When used as outlined in the book, they are very conservative (unlike other uses of options)
* Investors using covered call writing will find opportunities to use put option writing to achieve similar double-digit investment results, but also to have the opportunity to purchase stocks or Exchange Traded Funds at a discount from their present value.
* The put option writing and covered call writing strategies can both be used within the same portfolio to achieve similar results by differing means, depending on the investor's objectives regarding the individual stock or ETF in question.
What is put option writing?
Have you been tempted at times to buy a particular stock, but decided not to take the plunge because you thought it might be overpriced or, just on a hunch, you thought you might be able to pick up the shares at a lower price? Not only might it be possible for you to buy that stock for less, but what if someone were willing to pay you cash today at a double-digit return rate and also give you the opportunity to buy it at a lower price later? Does that sound too good to be true? It's not. It's called "put option writing," and it's available to you on literally thousands of stocks and Exchange Traded Funds (ETFs). Put option writing can be compared with placing a limit order to buy the stock or ETF of your choice at a lower price that you set and then being paid for it. And, you get paid whether the stock falls to your price or not!
"Put Option Writing Demystified" is totally focused on providing (1) the education you need to fully understand the concepts behind put option writing and (2) a unique easy-to-follow program so that you can implement the strategy yourself without the help of a full-service broker or investment manager.
The book delves deeply into the subject of how to obtain double-digit returns from both out-of-the-money puts and in-the-money puts, with out-of-the money puts being the principal recommended strategy both for realizing the opportunity to achieve consistent double-digit investment returns while you wait to acquire stocks or ETFs of your choice at a discount to their present market value. It also provides short-term technical analysis tools to assist in guiding market forecasts and making even more profitable put writing decisions.
On May 3, 2003 after the annual meeting of his company, Warren Buffett (Chairman of Berkshire Hathaway) said to Maria Bartiromo of CNBC: "If you own equities, over the next twenty or thirty years you'll get a reasonable return maybe its 6%, maybe its 7%. People who expect 15% a year are doomed to disappointment."
If you believe that "The Oracle of Omaha" is right about a slow-growth market for decades to come, then everything that you need as an investor is here for you in this book to develop and implement a put option writing program that will help you achieve double-digit returns.
In addition to presenting everything you need to know about put option writing and how to implement your own personal put writing program the book provides:
* Use of a uniquely designed Microsoft® Excel spreadsheet for put writing to assist in reviewing writing selection alternatives so that the best decisions for you are reached to achieve your investment return goal.
* Details about brokerage accounts, with special emphasis on the use of online discount brokerages for quick, very low cost execution of trades. Web sites for brokerages, charting sources and other technical information are provided.
* Tax information you need for understanding and administering the income tax aspects of put option writing. This includes the opportunity for deferring taxation of income until a later tax year while enjoying the use of the income now.
How will the baby boomers be able to generate sufficient income on their investments to enjoy a secure retirement? And how will they and others younger than them be able to create a sufficient asset base to provide for their financial security with the dire predictions for the long-term future that we cannot expect markets to perform anywhere near as well as they have in the past?
With interest rates so low and a scarcity of acceptable investment alternatives available to investors, put option writing, as well as covered call writing, may offer two of the best possible opportunities to achieve consistent double-digit investment returns in the slow-growth market we seem sure to encounter ahead.
Customer Reviews:
Misled.......2005-07-31
Good Information /Book itself is poor quality.......2005-07-29
Great Book.......2004-03-03
Just bought two books from Amazon, Put option writing and covered call writing. Thanks, your books are very useful, I will recommend to some of my friends about these wonderful books
Thanks again,
Readers
Kenny
A TRULY AMAZING INVESTMENT IDEA!.......2003-09-19
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Corporate Downsizing Demystified: A Scholarly Analysis of A Business Phenomenon
Franco Gandolfi Manufacturer: Icfai University Press ProductGroup: Book Binding: Hardcover ASIN: 8131401715 |
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Hedge Funds Demystified
Scott Frush Manufacturer: McGraw-Hill ProductGroup: Book Binding: Paperback ASIN: 0071496009 |
Book Description
You won't have to hedge your bets when it comes to getting in on these profitable funds
Written in the bestselling Demystified format, Hedge Funds Demystified discusses the opportunities and risks of investing in these largely unregulated funds and explains how they are different from mutual funds. You'll find methods for evaluating hedge funds along with strategies for low, moderate, and high-risk investing. Investor protections and rights are also covered and useful charts and graphs clarify the information presented in the book.
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Virtual Teams: Projects, Protocols and Processes
Manufacturer: IGI Global ProductGroup: Book Binding: Hardcover ASIN: 1591401666 |
Book Description
Virtual teams are a relatively new phenomenon and by definition work across time, distance, and organizations through the use of information and communications technology. Virtual Teams: Projects, Protocols and Processes gathers the best of academic research on real work-based virtual teams into one book. It offers a series of chapters featuring practical research, insight and recommendations on how virtual team projects can be better managed, as well as in depth discussion on issues critical to virtual team success, including the place of virtual teams in organizations, leadership, trust and relationship building, best use of technology, and knowledge sharing.Customer Reviews:
One of the best books on virtual teaming.......2004-05-03
What particularly makes this book refreshing is that authors aren't shy of challenging assumptions and orthodoxies, especially about trust and leadership. Although every chapter makes its contribution, two particularly stand out.
I really enjoyed the chapter by Walter Fernandez who reports trust (and mistrust) development in a large virtual team project. Great common sense here mixed with business insight (usually so missing), a healthy dose of cynicism, and empirical data.
Also remarkable is the final chapter by Peter Murphy. He uses a metaphor of 'the organization as city' to put virtual teaming in the context of physical centres of trade and knowledge. This chapter is brimful of ideas which challenge those of the earlier chapters, and Pauleen has cleverly used it as a coda to this valuable book.
Dr A J Gundry
Director, Knowledge Ability Ltd
Malmesbury UK
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From the Soil Up
Donald L. Schriefer Manufacturer: Acres USA ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0911311637 |
Book Description
The farmers role is to conduct the symphony of plants and soil. In this book, learn how to coax the most out of your plants by providing the best soil and removing all yield-limiting factors. Schriefer is best known for his "systems" approach to tillage and soil fertility, which is detailed here. Managing soil aeration, water, and residue decay are covered, as well as ridge planting systems, guidelines for cultivating row crops, and managing soil fertility. Develop your own soil fertility system for long-term productivity.Customer Reviews:
A fresh and sincere approach to agriculture.......2007-08-16
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From the Soil Up
Donald L. Schreifer Manufacturer: Wallace-Homestead Printing Co. ProductGroup: Book Binding: Hardcover ASIN: B000VETT16 |
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Health From The Ground Up
Karl B. Mickey Manufacturer: International Harvester Company ProductGroup: Book Binding: Paperback ASIN: B0007E4EVK |
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Soils and Environment: Soil Processes from Mineral to Landscape Scale (Advances in GeoEcology 30, follow-up series of Catena Supplements)
Manufacturer: Catena-Verlag ProductGroup: Book Binding: Hardcover ASIN: 3923381417 |
Book Description
Soils play an important role in the function of both natural and managed ecosystems. Understanding the impact of environmental factors on these ecosystems requires a knowledge of soil processes ranging from molecular to landscape in scale. The properties and spatial distributions of soils and their mineral constituents are especially useful as indicators of both present and past environmental conditions. Soils and soil minerals form or transform in direct response to biogeochemical factors that are driven by local, regional or global processes. Through a series of case studies, this text demonstrates that linkages can be made between measurable soil and mineral properties and the processes that shape the weathering environment. Examples include layer silicates, carbonates, sulfides, and both iron and aluminium oxides. Several papers also emphasize the role of biotic factors in soil systems, the sensitivity of these factors to management practices, and the frequently overlooked interactions that exist between organic and inorganic compartments of soils and surface waters. Finally, this text recognizes that spatial and temporal variability are inherent attributes of soils and landscapes that must be quantified and properly managed if ecological and environmental harmony are to be maintained. The buffering function of soils and the importance of this function to the release and flux of nutrients in terrestrial ecosystems are given special considertation.
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As the planet heats up, will the topsoil melt away?(Cover Story): An article from: Journal of Soil and Water Conservation
Paul D. Thacker Manufacturer: Soil & Water Conservation Society ProductGroup: Book Binding: Digital ASIN: B00081YXFE Release Date: 2005-07-31 |
Book Description
This digital document is an article from Journal of Soil and Water Conservation, published by Soil & Water Conservation Society on January 1, 2004. The length of the article is 1311 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Cleaning up urban stormwater: the storm drain stenciling approach (or getting to the nonpoint source).: An article from: Journal of Soil and Water Conservation
John Coburn Manufacturer: Soil & Water Conservation Society ProductGroup: Book Binding: Digital ASIN: B00092LFGM Release Date: 2005-07-28 |
Book Description
This digital document is an article from Journal of Soil and Water Conservation, published by Soil & Water Conservation Society on July 1, 1994. The length of the article is 2641 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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CRP: a wake-up call for agriculture. (Conservation Reserve Program)(Commentary): An article from: Journal of Soil and Water Conservation
David Dukes Manufacturer: Soil & Water Conservation Society ProductGroup: Book Binding: Digital ASIN: B00096L108 Release Date: 2005-07-28 |
Book Description
This digital document is an article from Journal of Soil and Water Conservation, published by Soil & Water Conservation Society on March 1, 1996. The length of the article is 2369 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Dealing with soil's shrinking and swelling.(From the Ground Up): An article from: Mississippi Business Journal
Phil Hardwick Manufacturer: Thomson Gale ProductGroup: Book Binding: Digital ASIN: B000E3BIKY Release Date: 2006-01-02 |
Book Description
This digital document is an article from Mississippi Business Journal, published by Thomson Gale on December 5, 2005. The length of the article is 919 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Distributions of the capacity to take up nutrients by Betula spp. and Picea abies in mixed stands [An article from: Forest Ecology and Management]
P.O. Brandtberg , J. Bengtsson , and H. Lundkvist Manufacturer: Elsevier ProductGroup: Book Binding: Digital ASIN: B000RR100A |
Book Description
This digital document is a journal article from Forest Ecology and Management, published by Elsevier in 2004. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
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Environmental clean-up: repair vs. improvement.: An article from: The Tax Adviser
Robert Hersh Manufacturer: American Institute of CPA's ProductGroup: Book Binding: Digital ASIN: B0008YYTDW Release Date: 2005-07-28 |
Book Description
This digital document is an article from The Tax Adviser, published by American Institute of CPA's on February 1, 1994. The length of the article is 513 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Zoom Around a Moon (Carroll, Jillian. Visiting Space.)
Jillian Carroll Manufacturer: Lake Street Publishers ProductGroup: Book Binding: Paperback ASIN: 158417241X |
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