>>>> Its something I've been meaning to have a closer look into for a while now, but never seem to get around to it. <<<<
Maybe that is a good thing >>grin<<
Yeah you can pick up some extra income in sideways markets but if the market moves in a big way, you could be sitting on stock with a big loss because you can't or won't sell since you have the option written against it. Not always but you can get in some weird situations.