| Stock trading can take lots of time. It can take too | | | | companies. Many covered call traders just try to snag |
| much time. I know, believe me, I know. So I want to | | | | the largest premium. Not a good idea. |
| offer you a simple solution. I want to give you a way | | | | Stick with the profitable, large companies, and you |
| to trade the stock market and do it only one time | | | | will do well. Furthermore, it only takes one time per |
| per week (and make money in the process). Fair | | | | week to really do this. Put the trade on, and then |
| enough? | | | | check it weekly. |
| Okay, let's dig in . . . | | | | Most likely, no adjustments will need to be made, but |
| I'm a big fan of using options in trading to help take | | | | sometimes, you will need to fix things. |
| away some of the risk of trading. Yes, I know most | | | | For example, if the price is dropping, you may need |
| people think of options as risky, and the definitely | | | | to roll the calls down to grab more time premium and |
| can be used in very risky ways. But I use them | | | | to keep the trade from going into the red. |
| conservatively. | | | | The key here is to stick with companies that are |
| Here's how: covered calls. | | | | boring, very big and make money. Sure your returns |
| I'm sure you've heard of them. There are ways to | | | | are smaller on those companies. The option premium |
| do them right, and there are ways to do them | | | | is smaller. |
| wrong. Do it right, and you are in the money. | | | | That's okay. Sure money is better than money that |
| The right way, is to stick to very stable, large | | | | you only may have. |