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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Damon Owens who wrote (7107)3/19/1998 10:47:00 AM
From: Douglas Webb  Read Replies (2) of 14162
 
Do not pay for Wade Cook's seminar. Instead by these two books by Lawrence McMillian: McMillian on Options, and Options as a Strategic Investment.

Cook's book is good at explaining the basic mechanics of covered calls, and it's very good at getting people excited about investing. But, it's very bad at teaching risk management. After reading his book, you would think that stocks never drop! That's just not so.

Doug.
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