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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (1896)8/10/2001 1:21:20 PM
From: rydad  Read Replies (2) of 5205
 
"DRAWBACKS: Complex; needs monitoring; Double Commitment
DEGREE OF RISK: More intense than stock"

Under "Drawbacks" what is so complex? What does one need to monitor (what am I looking for?)

What does "more intense than stock" mean?

Pardon me for not understanding if these are basic concepts. If I already own the stock and if I am willing to accumulate more, CSS seems like a good strategy.

I'm going to have to go out and buy that book.

Thanks
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