I find the most challenging part of trading covered calls is understanding the process which has little to do with investment decisions.  The data shows us that if you buy shares and write (sell) and option over those shares you will be paid a premium, and often this can represent a very good annualised return.

The shares you buy and the options you write are your decision.  However, My Covered Calls and ProWriter software presents you with factual data which you may use to help you decide, and plan your option trades.  Very important.

This factual information is presented in an easy to read report so you can see the Yield, check the Trend and write a Trading Plan.

But how do you go about buying shares, placing an order, writing an option contract and a bunch of other stuff.

You can contact me, Tony on 0408763663 and I am happy tell my story about setting up accounts, getting an online broker, how to place an options trade etc.  And you can also speak openly with an experience options Adviser from a reputable broking firm. They could set you up with an account and offer financial advice.  This is often a good way to start...use My Covered Calls and ProWriter to plan your trades and then speak with your Adviser who can add financial advice and place trades for shares and options, and do buy-writes.

Here at My Covered Calls what I offer is a great data service which displays all the information you may need to write a wining Trading Plan, however, if you need help with understanding something like ACH fees or weather to buy to "open" or buy to "close" then I am also happy to help you on the technical side of things.  Please call anytime

Our Mission is to Provide People with Timely Relevant Covered Call Option Data

You Tube Covered Call Option Tutorial:

 


ProWriter Connection Issues - Technical Notes

If ProWriter does not readily connect one time and you get an error message that says cannot connect to the internet, and you are connected to the internet, then please check your DNS, as it may be blocking the web site at the server.

Changing the local DNS to google’s public 8.8.8.8 address could sort it out! See

http://windows.microsoft.com/en-au/windows/change-tcp-ip-settings#1TC=windows-7

This issue has cropped up only a few times over the last 11 years and has mostly occurred when Users are connecting through a server at their work or some other larger network like in a hotel. 
Should you have a problem with ProWriter then please use the smart reports in the Member's which provide the same data that you can manually put into a Trading Plan.  You can download a Trading Plan template from the Toolbox Calculator.  

PS I am retired now, but still relatively young, and my wife and I are spending time travelling outback Australia...best experience; so if phone goes to message please be patient and I will get back to you when I can :-)

  

 

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MyCC is provided as a service to its members. Small, niche, exclusive and operated since 2006.