Writing Covered Calls

[crimsonghost747]

I've been experimenting on a covered call strategy, though it involves me always buying the shares in question at the same time as I sell the option. So technically I'm not touching my long-term portfolio while doing this, instead I've got a fixed amount of cash I use the buy the shares with.

So far it looks promising but I'm waiting until I've got a full year of doing this behind me. Then I'll crunch the numbers and see how I did, and decide if it's worth continuing.