ToonmanianDevil
Newbie

Posts: 2
|
I've just figured out how to make money from renting out shares (thanks to Warren Borjse's DVD) and made my first trades.
Found a great web site http://www.coveredcalls.com where they give a list of the current highest yielding covered call options (out of the money - i.e. strike price>share price).
If you are as confused as I was about terminology, take a look at http://www.callsandputs.com/ - I had no idea what a hedge wrapper was, but it's the technical term for renting out shares with insurance (buy shares, write a call and buy a put).
Had to wait ages for Schwab to turn around my application for options trading, though!
|