Quote: -------------------------------------------------------------------------------- 100% of the posters who post about selling covered calls claim they have made money on balance by selling them. --------------------------------------------------------------------------------
So you believe that the market for options is, in practical fact, efficient?
I think that his primary point is that "making money" is not really "making money," because one could make more money if they had not sold covered calls.
In my book that is pretty "clueless," since making money is really "making money," and covered call sellers make money. In fact, 100% of covered call writers do make money. Clearly, not all of them make as much money in some cases as those who were staight long. I, for one, have never said otherwise. But some read what they want to read.