It takes a good education in options. Read books by Larry McMillan or George Fontanills. Go to a Money Show if you can and take some of the free classes on options. Try www.intershow.comI sell covered calls for income and the only index I ever do is the QQQ. Educate yourself. There are lots of classes from Schaefer, Fontanills or the CBOE (CBOE.com)for educational software or The Options Industry Council (888options.com) or optionetics.com.For a two week sample of possibilities try poweroptionsplus.com.
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