New Insights on Covered Call Writing by Richard Lehman

New Insights on Covered Call Writing by Richard Lehman

• You want the long-term returns from stocks but don't like the volatility.
• You like the security of income from bonds and CDs, but the yields are too low.
• You wish there was a sensible discipline you could follow that would provide the attractive returns offered by common stock yet with more consistency and less risk.

If so, then covered call writing may be the investment strategy you've been looking for.

You can achieve long-term returns commensurate with stock market returns but with lower volatility and less downside risk. The trick is to combine stocks with call options by writing a call against a stock you already own. Professional investment managers have been using this strategy for years, and recent developments have now made it easier for individual investors to employ it as well. Options experts Richard Lehman and Lawrence McMillan unlock the secrets of covered call writing in this groundbreaking, easy-to-understand guide.

Peter Lehman is Professor of Film and Media Studies in English and Director of the Center for Film, Media and Popular Culture at Arizona State University. He is author, coauthor, and editor of 12 books and a former president of the Society for Cinema and Media Studies. He is also the Founding Editor of Wide Angle: A Film Quarterly of Theory, Criticism, and Practice. He lectures widely, both nationally and internationally.

William Luhr is Professor of English and Film at Saint Peter's University and Co-Chair of the faculty-level Columbia University Seminar on Cinema and Interdisciplinary Interpretation. He has published over a dozen books as well as numerous articles and interviews primarily concerned with film studies, the most recent being Film Noir, published by Wiley-Blackwell in 2012 (Chinese language edition, 2014). He has lectured widely, both nationally and internationally.