Covered Calls

[gtober]

Yes, I think you can see the power of this strategy. Time decay is a powerful ally. Like I said, I don't know really if all options is better or worse. You do take a lot of aggressive positions with the covered calls. What one has to do is determine if a less aggressive condor is more or less profitable, once you factor in the maintenance.

I think I am going to order McMillan's latest and see if I can find time to read it this summer.