Review: Insightful!  I've just found out about the benefits of a new investment opportunity I didn't know existed before...
Rating: 5 out of 5
Date: 04 10, 2014
This was very informative and insightful for me.  I know what call options are and I am fully aware of the potential benefits to the holder of call options.What I did NOT know prior to reading this book was how a covered call writing strategy is a LOW RISK way to potentially significantly increase returns, protect positions from loss and generate consistent income.The book starts out by discussing who the call option strategy is for (longer term investors, those investing in a shorter term basis), those who basically want more profit than just the rise of a share price.The author goes on to clearly and simply define and describe call options and then detail the benefits of WRITING covered call options.Very briefly, so as not to give too much away, these include option premiums (giving some protection against a fall in share price); dividends (which remain property of covered call writer while shares are still owned by him or her) and protecting positions.It also discusses potential disadvantages to covered call writing.The author then takes us through an example of covered call writing and the possible outcomes.  Depending on the outcome, the author describes what choices the writer has. This is an excellent way to put things in perspective for the reader.This book also includes access to the Free Trading Toolkit, which I've downloaded and find a really useful resource for investors.Highly recommended read.