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Product Description
Covered Calls and LEAPS--A Wealth Option + DVD: A Guide for Generating Extraordinary Monthly Income (Wiley Trading) (9780470044704): Joseph R. Hooper, Aaron R. Zalewski, Robert Kiyosaki: Books. In this one-of-a-kind how-to guide, Joseph Hooper and Aaron Zalewski provide step-by-step instructions for generating large monthly cash returns from almost any stock investmentwhile at the same time decreasing the risk of stock ownership.Debunking conventional wisdom on every page, the authors turn traditional stock investment philosophy on its headno more reliance on rising markets to grow a portfolio, no more stock picking, and no more stop losses. In their revolutionary philosophy of growth through cash flow, Hooper and Zalewski demonstrate how writing covered calls against stocks provides consistent monthly cash incomeregardless of market direction. Cash flow that can provide income in retirement or, alternatively, can be reinvested on a monthly basis to dramatically compound the growth of a stock portfolio.Hooper and Zalewski also show how the romantic-ism of high-risk/high-return options trading leads the vast majority of speculators to the slaughter. Most importantly, they reveal how the option seller can consistently profit from these losses. In this detailed compilation of rules and techniques, developed over twenty-five years in the markets, the authors liken their safe, conservative, and time-proven covered call techniques as learning to become the house in Vegas.What's more, the authors pick up where other guides end: focusing on what to do when things do not go as anticipated and how to continuously generate monthly income from a stock position regardless of market direction. The authors explain how to manage stocks with covered calls to produce consistent monthly cash returns regardless of whether the stock or market is going up, down, or sideways.Finally, Hooper and Zalewski examine how you can use calendar LEAPS spreads to dramatically increase the performance of covered calls. When used by experienced investors, this more advanced technique can provide returns nearly double that of the traditional covered calls with little increased risk. Again, the authors show how to manage these positions for consistent monthly income regardless of market direction. Covered Calls and LEAPSA Wealth Option is the definitive, dedicated, rule-based guide to covered calls and calendar LEAPS spreads. It is filled with in-depth insight and expert advice, and is the most complete writing ever compiled on the subject.
Shipping Weight: 2 pounds
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