Members' LOGIN to use the new web-based Trading Plan :-)
Use the Call Option Screener to select an Option Contract with a high Yield (Exercised and 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 own), update the Brokerage costs and your Plan is done.
Copy the Option Contract (Company Code); open CommSec and paste 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.
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.
Using a buy-write strategy generates income from your capital in 24 hours. Buy-Writes can be done on-line or with an advisor.
Earn extra income by selling covered calls against your existing portfolio.
Leverage off existing Shares in your super to grow your fund using covered call options. Consider Writing "out-of-the-money" longer term contracts.
See how to use Covered call Options to generate monthly income from owning blue chip shares.
© My Covered Calls Pty Ltd. All rights reserved. ACN: 125 141 344