Members login above and use the new web based software. 

Use the Call Option Screener to select an Option Contract with a high Yield, Exercised or Not- Exerecised, and make a Short List of options you wish to Write.

Click on the Short List to open the option Trading Plan Creator.

Enter the number of shares you wish to buy (or have), update Brokerage costs and your Plan is done.

Copy the Option Contract (Company Code); open CommSec and past the code into the search box.  Note the option Bid and Offer, update the Trading Plan Fair Price with your selling price... and trade the plan in CommSec. 

If you don't know what a covered call option is, that's ok; but go and learn about call options - then come back.  There is free information available about trading options, see ASX Free Option Course.

 

My Covered Calls shows you the option premiums available for all ASX optionable stocks via its Option Screener  and has a Trading Plan Creater that creates your Option Trading Plan showing Yield returns Exercised or Not-Exercised.Click here to see an example Call Option Screener for BHP, BSL and TLSGet started 'PAPER TRADE' NOW FREE TRIAL!

Option Yield Report screenshot

You may already earn income from share Dividends.  You can earn extra income by writing covered calls options over shares you own.  Covered Calls are technically straight forward and considered conservative.  Subscribe to My Covered Calls, including the free trial or special offer; and get the following:

  • Full access to My Covered Calls Call Option Screener (to quickly identify high option returns exercised or not exercised)
  • Access on all your devices including mobile phones
  • MyCC's unique Trading Plan Creator
  • 24/7 access to ASX derived option data.  You can plan trades anytime.
  • Secure, safe payment gateway with PayPal

Find out more

Call Data screener screenshot

Writing covered call options earns income by selling an option contract and being paid for it.  Its kinda of simple; people who think a stock price is going to go up, but don't have the cash to buy the shares, buy an option to purchase the shares at a Strike price, in say 30 days time.  They hope the price goes above the Strike so they can buy the shares and then sell them, and make a profit.  They are betting on the market.  Covered Call option sellers own the shares, sell the option and get paid the Premium.  Share price goes above the Strike you sell the stock and get your capital back; share price  goes down, you keep the stock.

Subscribe now, for free, or take the special offer, to see how to use the Call Option Screener and Trading Plan Creator to find the highest option returns available on the ASX and quickly make your Trading Plan.  Check all the figures against live data with Commsec, when the market is open, just to make sure, and if you are happy with the plan... then trade the plan.  Secured by PayPal.  No contracts, unsubscribe anytime.

SPECIAL OFFER!

What's a covered call option?   If you buy or own shares you can sell call options and could earn 2.5%+ in 30 days.  Click here to see an example LIVE Report, and Trend Charts; for BHP, BSL and TLS.  See their actual option returns now which are likely to be above 2% for next month.  Have a look; its just data showing actual returns. 

If you want to be successful selling covered call options then you could use the best data available to help plan your trades.  Take the guess work out of the equation and never miss an opportunity by instantly seeing the highest returns (YIELD), available by using My Covered Calls.  You can screen both CALL and PUT options for buying or selling. 

Take the FREE trial, or see my Special first month 1/2 price offer.

My Covered Calls had its first subscriber on 22 May 2006... that's over 20 years continuous service providing data and support to our Users.  Unique service helping people plan option trades and earn income by writing call options over shares. 

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Screenshots

How To Generate Income

We want to buy shares and sell options (Buy-Writes)

Using a buy-write strategy generates income from your capital in 24 hours. Buy-Writes can be done on-line or with an advisor.

I already own shares and want to learn to write covered calls

Earn extra income by selling covered calls against your existing portfolio.

We have blue chip shares in our super and want to write covered all options

Leverage off existing Shares in your super to grow your fund using covered call options. Consider Writing "out-of-the-money" longer term contracts.

What's a covered call. I need a little help! Please show me

See how to use Covered call Options to generate monthly income from owning blue chip shares.

Testimonials