Covered Calls for Beginners: A Risk-Free Way to Collect "Rental Income" Every Single Month on Stocks You Already Own

by Freeman Publications

Stop settling for ever-decreasing dividend yields and bank CDs which pay less than 1%... and start making your investments work for you again… If you’re worried about the current market uncertainty, covered calls are your antidote to chaos. You can use them to generate safe returns, no matter what happens to your stock. It’s like generating rental income on stocks you already own, even if those stocks don’t already pay dividends. Which is why with smart covered call writing, you can double your monthly cash flow. Making it the perfect income strategy, because you can use covered calls to create instant cash, with premiums paid directly into your brokerage account. So you can use this smart, safe strategy to generate “Synthetic Dividends” on stocks that you already own. In fact… you can make as much as 40% extra per year by writing covered calls… compared to if you just bought and held the same stock. Perfect for retirement investors. Covered calls aren’t risky… when used correctly they actually decrease your risk… and even the most conservative investors can benefit from adding covered call writing to their investment strategy. Even if you know nothing about options, this book will get you right up to speed. Here is just a fraction of what you’ll Plus, inside the book you get free access to a 7 part video course covering all aspects of profitable investing So even if you’ve never used options before, the book walks you through everything step by step. You’ll find everything explained in plain English, free from technical jargon. Even if you get stuck, you can always send us an email (provided inside the book) or reach out in our private investing community on social media – we’re always happy to help with any questions you might have. And remember... bank CD's will only pay you between 0% and 1%... the dividend yield on the S&P 500 is around 2%... and 5 to 10 year municipal bonds will only pay between 2% and 3%. But if you use what’s inside this book, you could have the opportunity to get much more than that. For instance… if you put together a portfolio of three of the best covered call stocks... you could see an average yield of 15% per year… just from your covered call income. That's 2 to 3 times more than you'll see anywhere else. All this from your regular brokerage account, just as easily as you can buy stock. Because if you know how to buy stocks, you can use covered calls. It’s that simple. And when you receive just a single premium from one of these covered calls (which is paid into your account instantly) it covers the cost of this book 10x over. To get your copy right now, just scroll up and click “add to cart”

Genres: Finance, Business

181 pages, Paperback

Published October 20, 2020

Reviews

[Andy D · Rating 2 out of 5]

I can't recommend this book. I came in looking for specific ideas, trade examples, stories of the author's success and failures. It was a very general and broad overview of covered calls. I've been trading for 6mons and you could tell the author knew some things, but there were no good ideas provided. Lots of guidelines. When it comes to trading, we needs specifics! It's money on the line. Skip this one.

[Daniela Bitlan · Rating 5 out of 5]

As an absolute beginner, I found this book quite informative and relatively easy to follow.
In particular, I like Oliver's writing style.
Probably, for someone with experience in trading options and covered calls, this book is underpar, but hey!!!, the title is obvious, this is truly a "beginners's book"
But, how important it is to start exploring a new area and actually understand the basics, the principles etc

[Valentina Alfonso · Rating 5 out of 5]

Es muy claro el mensaje. El vocabulario es ideal para principiantes en opciones. Las herramientas y estrategias son sencillas y se entienden muy bien. Excelente libro de opciones. Lo recomiendo al 100%.

ENGLISH BELOW

The message is very clear. The vocabulary is ideal for beginners in options. The tools and strategies are simple and very well understood. Excellent option book. I recommend it 100%.

[Raymond Owensby · Rating 5 out of 5]

Great book for beginners

I have been investing in stocks for 20 years. Although I'm not considered a beginner, I am sort of new to covered call. This book helped me understand a lot about covered calls. Good book.

[Xavi Martínez · Rating 1 out of 5]

I don’t recommend this book. It’s essentially the same as asking ChatGPT to explain what a Covered Call is. If you’re looking for specific ideas or actionable trading strategies related to Covered Calls, save your money — this book won’t deliver.
Instead, I recommend reading the classic books on the topic; they offer far more depth and value.:

Derivatives Demystified: A Step-by-Step Guide to Forwards, Futures, Swaps and Options(https://www.goodreads.com/book/show/3...)
Introduction to Derivatives and Risk Management (https://www.goodreads.com/book/show/7...)
Derivatives Markets by R. L. McDonald (https://www.goodreads.com/book/show/1...)

[Glenn C Barbee · Rating 4 out of 5]

Wealth of information

If you have been dipping your toes in the idea of pursuing options as a way of making additional income, but get lost in the various terms and strategies, this is a book that will give you solid understanding without all the fluff and promises of getting rich. You Will gain knowledge of what option trading is and how you can use covered calls for income and to enhance your stock portfolio.

[Jim McCraigh · Rating 5 out of 5]

It took me a while to get to reading this book... now I'm sorry I waited so long! The author breaks down a complex subject into easy to understand chunks. Once I started to implement his methods, I began to immediately profit. The book does deliver on its promises. (So many don't). If you want to trade call options safely, this book is a way to quickly get started.

[Jinal · Rating 5 out of 5]

Excellent book to incorporate Covered Call strategy

Book is all about how to make an extra 5% to 10% on top of your regular investments. It is easy to use without getting much stress. They have explained how to do it in a simple way. I wish they could have included more live examples.
Overall, it is a good read.

[Charles D'Amico · Rating 4 out of 5]

I'm a newbie and I enjoyed it

Let me start by saying I rarely, almost never give 5 star reviews for informative (non-fiction). This would be a 4.5 honesty.

It was relevant and well thought out.

[Eugene Bowers · Rating 5 out of 5]

I thought this book was a good primer for anyone interested in understanding how covered calls work. The examples given were easy to understand and realistic. The book was written in 2020 so the information and the examples use data that is current unlike some books that were written years ago.

[Erik Williamson · Rating 5 out of 5]

Covered calls intro

This book is great and I enjoyed the material. I learned some golden nuggets. Avoiding scams and information on taxes is well worth the price of this book. I have written some covered calls and wish I had read this book before doing this.

[Joseph Malancharuvil · Rating 5 out of 5]

Helpful

Easy to understand and follow. Covered calls require buying the underlying security. This means one should have sizable capital to buy the stocks. Money makes more money. If prudently executed covered calls are the least risky of the option strategies.

[Jason · Rating 5 out of 5]

Excellent Education on Covered Calls

This book does a great job of describing in basic terms the advantages and pitfalls of covered call writing. A must read for anyone considering this investment strategy.

[Satyadhir Singh · Rating 5 out of 5]

Very good book to start with learning Options trading

Very nice and simple explanation of things to get started. Good strategies explained and covered with examples. Highly recommend to read this book if you are getting started with Options trading.

[Gehl Davis · Rating 3 out of 5]

True but could use more examples

I trade options. Thought there might be some things I hadn't thought of here. I don't think if you had no experience you would be able to follow this. More examples would have helped with real tables. Just could have been better.

[Saurav Poudel · Rating 5 out of 5]

Probably the best book for beginners. Reasonable, doesn't give you false hope.

[Loreto LoBosco · Rating 5 out of 5]

Life changing

Exceptional book!!! Completely changed how I trade and was able to apply immediately. Straight to the point and very easy to understand !

[Juan Carlos Vallejo · Rating 5 out of 5]

Great book.

This was a very informative book. I highly recommend this book to any beginner in the world of cover calls.

[milind · Rating 5 out of 5]

Passive income

One of the best and safest methods for
generation of passive income akin to rental income on stocks you own and don't want to give up

[Michael Gobbi · Rating 5 out of 5]

Explains the needed concepts very clearly.

[Sahil · Rating 5 out of 5]

Simple, easy to understand, overall nice basic strategy

[Dan Miller · Rating 4 out of 5]

Here is another financial book that works to explain how covered calls work. It was successful. Also included introductory information on how to read Greeks.

[Darryl · Rating 4 out of 5]

Very good. Would give it 5 stars, but it had some extra fluff I thought was unnecessary. Still, excellent explanation of the Covered Calls process.

[Nick · Rating 4 out of 5]

Great beginners guide on covered calls, which is the first fundamental step in options trading

[Parker Sievert · Rating 4 out of 5]

really feels like I should have this down by now

[Daniel · Rating 2 out of 5]

Fairly cursory explanation without sufficient treatment of the patterns and pitfalls.