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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: TimF who wrote (4681)	12/21/2006 7:48:05 PM
From: Uncle Frank	Read Replies (1) of 5205

>> Overall buying options should have the same expected return of selling options... there is no built in house advantage that you have to overcome Tim, time is always on the side of the seller. That's the all powerful advantage that makes covered call writing a low risk, conservative strategy while buying options is like gambling. I'd advise you to read these books before you start trading options to any serious degree. Michael Thomsett's Getting Started in Options, 4th Ed. Lawrence McMIllan's Options as a Strategic Investment Harrison Roth's LEAPS: Long-Term Equity Anticipation Securites: What They Are and How to Use Them for Profit and Protection duf

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