Covered Calls: Aggressive Strategy for the Conservative Investor
You have FLEXIBILITY and CONTROL with Covered Calls. You choose the risk/reward level. Spend as much or as little time as you like. You PROTECT your stocks.
This course concentrates on Covered Calls. It is designed to bring new investors up-to-speed quickly, and to give long-time investors a fresh look at how they can improve their wealth-building capability. This course will help you obtain that knowledge so you can become a more educated options investor, specifically to master the Covered Call strategy.
When you’ve completed this course, you’ll be an expert on covered calls; you’ll know why option prices behave as they do and why one strategy may be better than another at a particular time. When you understand the “whys,” you’ll know instinctively what to do and what not to do.
The only magic formula for investing is to have a complete understanding of your strategy and how to apply it. This course will help you achieve that important goal.
Upon retirement from a 30-year career at Hewlett-Packard, Ernie continued his lifelong fascination with the stock market, building a successful portfolio. Ernie felt it was necessary to switch his investing philosophy from seeking capital gains to creating income from assets owned. So he turned to covered calls, an options trading strategy designed to generate consistent income.
Using a calculator and the financial pages, it took 8-10 hours to find good opportunities. In an attempt to cut that time frame, Ernie and a colleague designed a program to scan the entire market and find the best covered calls. The time required to do the job dropped from eight hours to eight minutes. It was breakthrough technology that earned over half a dozen patents, and was the basis for a Web site called PowerOpt.com that not only supports Ernie’s covered call investments, it supports thousands of subscriber/investors in, at last count, 57 countries all over the world.
PowerOpt.com is still the largest subscription program of Power Financial Group, the trading company Ernie established in 1997. For the last 22 years and still going strong today, Ernie continues to trade, innovate and seek ways to help investors grow through options trading.
Frequently Asked Questions
Since 1997, we have developed an array of education and online tools that enable investors to trade covered call strategies with confidence. We have designed our site, tools and investor education to help you become self directed. Remember, we are traders too. We offer the best education available for selling covered call options, buy writes and finding the best stocks to write covered calls with.
Our tools are built BY self-directed investors FOR self-directed investors. We have spent over 20 years building every tool you could need to find, compare, analyze, and manage your covered call writing. We show option analytics, returns and management ideas that your broker doesn't. We use these tools to trade everyday - and wouldn't dream of trading without PowerOptions. Call 302-992-7971 if you need help or have questions.