New Insights on Covered Call Writing: The Powerful Technique That Enhances Return and Lowers Risk in Stock Investing: 15 (Bloomberg Financial)

An Indian edition of same book is available @Rs.395. Published by Vision Books

This is the best book I have found on covered calls.Good examples make it an easier read.Recommended to anyone interested in the subject.

good book

I've been investing in stocks for 20+ years and consider myself a conservative investor. Never tried options of any sort due to unfamiliarity. This book gave a great overview of the pros/cons of covered calls, and general factors to consider when going the route of deploying covered call strategies. I was surprised to learn that covered call investing can actually be considered more conservative than pure equity investing, and can lead to less volatility in returns, including lower downside in bear markets.Perhaps you could find similar information via Google. But this book lays everything out in a cohesive, and easy to digest way. The $15-20 for the book will easily be recouped from my first covered call premium.

Messrs. Lehman and McMillan are excellent writers. The reason for choosing this book was my previous knowledge of Larry McMillan and his reputation in options as a teacher and trader. Moreover, my interest in purchasing this book was not so much as to "how" to write covered calls, but "when" and "why" to close out the position, and what the best strategy for writing OTM, ATM or ITM covered calls. I was pleasantly surprised as to everything covered in this book. I learned so much and I certainly had all of my questions answered. Since, one must be very careful when trading options, covered calls are the safest way for the novice trader (in my opinion) to put money in your pocket each month, and this book was extremely helpful not only in the selection of the best stocks but also the execution.

Was too simple - should have just done research online