Getting Started

In order to get started, investors need to obtain permission from their broker. Since writing a covered call means that you already own the stock you have agreed to sell, everyone should be able to obtain permission from their broker to trade covered calls. We have not heard of anyone having problems getting permission, so if you do run into any problems, we suggest that you look for a different broker or make sure that your broker has a clear understanding of what you are trying to do.

After you receive permission you are ready to begin.

1. Introduction
2. Definition
3. Understanding Options
4. Key Terms
5. The Basic Concept
6. The Simplified Covered Call Process
7. Benefits of Covered Call Writing
8. Risks of Covered Call Writing
9. Calculating A Return
10. Getting Started