Tuesday, September 18, 2007

Monday, September 17, 2007

Wednesday, September 12, 2007

Covered Call Weekly 9/12/07

Buy 100 shares of Motorola (MOT) at 17.31 for $1731. Sell a Covered Call, the October Call at 18, for $0.40 per share for $40. Short term return is 2.3%. 
If the covered call is excercised at 18, then the total short term return is $40 plus $69 equals $109, or a 6.3% return.

This is an educational series to show the income generating potential of Covered Call Writing. Please do not take this as financial advice. Options involve an increased risk of losing money than owning stock. Appropriate research about options is advised.


Current Reading List

Currently, I'm reading The Wealth of Nations (Bantam Classics), and The Art of War.



My reading list is a combination of western economic theories and eastern political theories. They're both good books to read if you're interested in business, politics, government, economics, and sociology.



Tuesday, September 11, 2007

Using Opera with Blogger

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Sunday, September 02, 2007