Covered Calls for Income
Wealth Generation Through Covered Calls
Wednesday, October 15, 2008
New Position - MS - Morgan Stanley
MS BTO 200 shares @19.55 ($3,919.65)
STO 2 19 Oct 08 @ 1.60 Income $307.04
RIU 7.83%, Net if Exercised 4.53 %, Monthly 67.90%, Annual 826.17%
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Hal
I am a retired engineer living in Arizona. I am using covered calls to increase my income during retirement. I just started trading CCs in March 08.
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Comparison of CC Account and Mutual Fund Account
Assigned/Exercised Positions - MS, PFE, JPM
Adjustments UNH and APA
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New Position - MS - Morgan Stanley
Adjustment - MS - Morgan Stanley
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