XJO 0.34% 7,796.0 s&p/asx 200

Hi Everyone hope all is well...I have no experiance at all with...

  1. 931 Posts.
    Hi Everyone hope all is well...

    I have no experiance at all with cover calls...i was talking to a guy that trades about 1-2 times a month and trades cover calls.

    He mentioned he never loses a trade and makes about 8% on his money each time he trades..he has about 6 mill on the market at a time, which is leveraged.

    Can anyone veryfy that there is minimal risk to cover calls?

    If this is the case can anyone suggest a book or course to learn?

    I would gladly trade 2 days a month apposed to every day, less profit by % i know but more quality time with the family.

    Kind regards

    Fundas
 
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