A novel explaining the options strategy of selling covered calls. Most investors are not aware of this conservative risk free strategy that can generate a 25% annual return. The book explains with easy to understand examples, first how to pick the right stocks and second how to sell options on those stocks.
The basic principle involves buying solid companies as a basis for selling options and generating a steady stream of income.
Stock ownership is, of course, not risk free. But once that risk has been assumed, as millions of investor have done by owning stock, then there is no additional risk in selling call options on that stock. In fact by generating income you are mitigating the downside risk of stock ownership.
Wayne Kimball has retired to south Florida on an investment portfolio not generating enough income to support retired life. By chance at his local Rotary Club he meets his Finance Professor from 30 years back. Professor Rob Graham, now retired, has been very successful. As they renew friendships, the Professor takes Wayne step by step through the process of building a portfolio and generating an income of 25% by selling covered calls. The authors use real life examples to explain the "Money Tree" strategy.
Ronald Groenke moved from Minnesota to the sunny gulf coast community of Marco Island after twenty-five years in the communications systems and software development environment. He has been active in the stock options market for fifteen years and developed the concepts and techniques provided in the book. On Marco, he and wife, Jean, are active in their church and busy entertaining family and friends who visit from the north.
Besides options investing/advising, other activities include personal computing, Rotary, walking, boating, and traveling.
Ron can be reached at robgrahamphd@aol.com
Wade Keller, a native of Greenville, Georgia, has retired from careers as Owner/Manager of a CPA Firm and College Professor. Currently he is a writer, primarily a ghost writer of personal memoirs.
Wade and wife, Sue, live on Marco Island, Florida where a main activity is spending time with their five grandchildren, ages one to thirteen.
Other than writing and grandkids, interests include Toastmasters, Rotary, chess, reading, travel, national politics, and walking on the beach at sunset with Sue. The couple has recently learned the rewards of writing covered calls.
Wade can be reached at wade@kellerpublishing.com
