No. of Recommendations: 1
True. But then I'm a skeptic about the risk/reward proposition of selling covered calls. I suppose if you're holding some "dog" of a stock (one who's price changes little) that's paying a nice dividend, you could make this work reasonably well. But what stock would that be? I've had no luck finding a good candidate that I'd really want to own.

- Joel

As they say, your mileage might vary. I've had good and bad experiences selling cash secured puts and have adjusted my parameters accordingly. Since the time I figured out how to calculate the real return of covered calls, I've done very well with them.

I've had no luck finding a good candidate that I'd really want to own.

You have to price quite a few deals to find the ones worth doing.

Denny Schlesinger
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