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Covered Calls Made Easy: Generate Monthly Cash Flow by Selling Options

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New to trading options? Looking to generate some extra monthly cash flow? Covered calls are the place to start. Perhaps you are sitting in cash, scared to get back into the stock market. But you are also unwilling to lock up your money in a CD that pays next to nothing. Covered calls are a great way to slowly ease back into the market, while starting to generate some income. This conservative strategy is also often used by buy-and-hold investors to generate extra income from stocks in their long-term holdings. Even if you know nothing at all about trading options, this guide will quickly bring you up to speed. This book will teach How to understand options terminology like calls, strike, expiration, etc. The crucial difference between "naked calls" and "covered calls" (don't trade options until you know the difference!) How to find stocks that are the best candidates for covered calls How to pick the best strike price and expiration date for your calls "Covered Calls Made Easy" will teach you everything you need to know about the #1 most popular options trading strategy. And if you ever get stuck, you can always reach out to me by email (provided inside the book), and I will help you. Ready to get started? Scroll to the top of the page and select the "Buy Now" button.

37 pages, Kindle Edition

First published May 26, 2015

390 people are currently reading
158 people want to read

About the author

Matthew R. Kratter

20 books80 followers

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5 stars
116 (35%)
4 stars
99 (30%)
3 stars
78 (23%)
2 stars
23 (7%)
1 star
12 (3%)
Displaying 1 - 27 of 27 reviews
19 reviews
January 1, 2016
A little too basic

Good info but very very basic. I would suggest getting something a bit more in depth and at the very least caution not to start trading options if this is your only resource.
Profile Image for Sari.
131 reviews5 followers
February 1, 2025
A very short and sweet basic introduction to covered calls. Strategies for how to use covered calls without much risk, and how to pick which stocks to use these strategies on.
Profile Image for Jon.
251 reviews11 followers
November 19, 2015
Worth reading

I've done these before and made high money from them. This book is super basic, but that's good for folks who have never sold covered calls before. Recommended.
2 reviews
October 26, 2020
I’m pretty new to the stock market. I started with Kratter’s Beginners Guide to the Stock Market which I found beneficial as a starting point. I’ve read some other stock market books from other authors, and still reading more because the market is a complex but fun place. But unfortunately this book fell pretty short for me. It’s extremely basic, and for someone who has a very premature understanding of option trading, I would not suggest this book for beginners, or anyone for that matter.

It fails to to outline even the basic ideas of option trading and could be confusing if you’re a beginner. There’s lots of better books out there on these subjects. Spend the extra money and take the extra time to read. I read this in 10 minutes and was pretty much a waste of time. Did I learn a few new things? Sure. But overall, would not recommend.
1 review
February 14, 2023
great primer

It sounds easy and all the mechanics are layer out so it gives one the bare bones framework to add the greeks in an orderly fashion. Don’t rush to sell your house for trading wealth based on this tome. But if you got a few spare grand to explore this books elements that should serve to get you on your way to the 16% annual income club the author discusses without any serious downside. I enjoyed its clipped clean and compact collection of TRADING RULES to follow—they ought to keep you out of serious trouble.
Profile Image for Julie Cox.
14 reviews2 followers
October 4, 2022
A solid beginner's guide to selling covered calls. He mentions cash-secured puts but doesn't go into as much detail on those. He didn't go into "the Greeks" as some call it, but I think that that's fine for this introductory book -- it's not designed to be an exhaustive course on all things options-related.

I was disappointed that the link to a bonus chapter on covered calls for smaller accounts (around $5k) was no longer active. Even searching around on his website did not yield results.
5 reviews
October 8, 2018
Simple beginner into to covered calls

This book is super clear and easy to read for beginners not yet trading options using covered calls or cash secured puts. It should provide the needed confidence to new option traders to get started making money with one of the easiest option strategies there is to use.
Profile Image for Shawn Hall.
3 reviews
December 31, 2017
Too basic

A decent beginner level guide. The five rules are especially useful for selecting the right stocks in a covered call strategy and worth the cost of this guide. However, spend a little more money on a guide that covers all the strategies for better value.
92 reviews
June 1, 2019
I like Matthew Kratter. I read all his books. I think his writing is very easy to understand, but you do have to be careful with his strategy mentioned in the book. They are not all bullet proof, so trade with cautious with his strategy.
Profile Image for Martin.
48 reviews5 followers
May 3, 2020
The book is short, simple, and easy to read primer on covered calls for newbies who never traded covered calls before. If you are experienced, you can skip this book. If you look for deeper details on trade management, you won't find it here.
Profile Image for Brad Carden.
5 reviews
July 30, 2018
Great for starting out

I am new to covered calls and the simple and easy to follow steps in this book were exactly what I was looking for.
Profile Image for Dustin.
4 reviews
January 22, 2019
As simple as it gets.

Way too simple. All of the information here can be found in numerous free resources on YouTube, trader blogs, Facebook groups etc.
Profile Image for Francis Lau.
5 reviews
June 22, 2019
Good Book!

I recommend this book to others. I learned from this book too. Thank you very much. Good book for us.
Profile Image for D. Thrush.
Author 14 books155 followers
December 1, 2019
This little book(let) is too complicated for true beginners. It just confused me. There need to be more in-depth explanations.
5 reviews
December 5, 2019
Easy to understand

This is the 2nd book of Matt's that I've read tonight. His books are easy on the layman. I will definitely be reading more of his material.
Profile Image for Treasure Daniel.
2 reviews
January 4, 2020
Great!

I am trying to understand option trading, this book helped me to understand some basics concept on the subject easily
2 reviews
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June 8, 2021
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1 review
August 1, 2021
Brief and Informative

Quick read to give a basic background on options trading. More emphasis on the risk of trading naked calls and puts is necessary.
Profile Image for Nard Nard.
13 reviews2 followers
January 7, 2023
Clear and concise guide on how to create a portfolio of covered call shares. Good for beginners.
5 reviews
May 19, 2024
A good writer !

A book written nicely!
Mathew Kratter knows his subject.
Hope he continues to write more with new strategies in new market scenario!
5 reviews
April 23, 2025
awesome book

Matthew does a great job breaking things down clearly. I look forward to reading more of his books going forward.
6 reviews1 follower
June 6, 2016
Only ok

This book can be summarized as sell covered money puts. The other option book was far more interesting and useful
1 review
November 23, 2016
Greatly appreciated!

This was a brilliant introduction to the art and science of selling options. In particular, the definitions gave me clarity.
Displaying 1 - 27 of 27 reviews

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