Covered Calls

[gtober]

I would like to learn more about exactly those types of strategies. bull and bear spreads. I have looked at many stock and index options and it just didn't seem all that profitable to me, so I need to know more about exactly what to look for.

I have been thinking about buying Larry McMillan's latest options book, but I read reviews that it was long on theory and short on trading strategies, so have held off.

If you know of a good book, let me know. These are definitely strategies to learn more about. So much so, that I am wondering why I would even own the common at all. However, I do need to know precisely how to evaluate the numbers and maximize the profit.