Covered Calls and Naked Puts: Create Your Own Stock Options Money Tree

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Summary: Covered Calls and Naked Puts is a Masterpiece
Review: Covered Calls And Naked Puts is truly a masterpiece. Ron Groenke has managed to present the fascinating subject of covered calls and naked puts in the most understandable and refreshing manner imaginable. Buy it now!!

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Summary: Do Yourself a Favor...
Review: Do yourself a favor and buy this book. I've been doing cc writing and option investments for some time. This primer picks up where most other books on covered calls leave off. In addition to covering naked puts, the author holds your hand through critical factors such as when to buy, what to buy, how to buy... simply "put", this is a great book at a very reasonable price.

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Summary: A little overrated
Review: I bought this book based upon its glowing reviews. I was a little disappointed. This book is fine for the beginning options investor, but I was looking for something more advanced. The author tries to present the information in the form of a story, but he is clearly no story writer. The story uses up a lot of space in a misguided effort to amuse and entertain. If I want amusement I will buy non-fiction. Also, this particular story is incredibly condescending to females, whom the author presents as decorative fluff entirely incapable of understanding something as mysterious and highly technical as stock options. I kept looking at the inside cover, thinking maybe this was a book that was written decades ago -- it reads like something out of the 1950's.

I did like the author's method of picking stocks for covered calls, although this entire informaton could be presented in less than one chapter.



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Summary: A Great Book for the Beginning Options Investor
Review: If you are looking to increase the earnings on your portfolio with a minimum of risk this book is for you. You will learn in a very interesting writing style how to use Covered Calls and Naked Puts to generate a cash flow that could average 25% a year regardless if the market is going up or down. The author even takes into account taxes and losses to arrive at this figure. He introduces a number of basic conservative concepts using covered calls and naked puts but really places the emphasis on how to pick the right stocks in the first place. I highly recommend this book to anyone interested in increasing their portfolio income by learning how to use convered calls and naked puts to achieve their investment goals. Once you have read the book you will be very comfortable using these investment tools.

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Summary: It opens up a whole new world
Review: Mr. Groenke's book opened up a whole new world for me. I was never that interested in the world of stocks and bonds but this book was so compelling that I found myself wanting to palce a few investments on my own. I have done so , and so far, everything looks good. Mr. Groenke's system is simple, logical and easy to uderstand. It is a good freshman introduction to the subject. I look forward to the upper classman sequel.

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Summary: the options primer every trader should read
Review: Ron's new book does not offer the reader the Holy Grail for options trading, but rather provides a very logical and disciplined approach to this type of investing. His writing style is easy to read and understand. He greatly simplifies a complex subject. A good portion of the book is devoted to proper stock selection, with very definable criteria to greatly improve the odds of placing a winning trade. He continually reminds the reader of the importance of managing risk. For any aspiring options trader, this book is A MUST!

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Summary: Change your investing outlook
Review: This book changes the focus of investing. By using covered calls as described in this book you can move from waiting for stock appreciation to using call premiums to insure income. This is especially true in a flat market we are experiencing today. Informative book and good spread sheet helps.

R Barzin

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Summary: As far as options books go, this is a keeper...
Review: This book was an enjoyable read, told from a "story" perspective. Oddly enough, one of the things I really took from this book is how the author records his stock/options trading--it's a simple, easy-to-read method that I have now adopted (I used to record every minute detail about a trade, but it's really unnecessary).

Finally a book that has a strategy to teach. The author provides a formula of sorts for selecting stocks to write puts/covered calls on. The only shortcoming, in my opinion, is that once you find stocks that fit his criteria, they usually lack volatility and thus have smaller option premiums (but I guess this is the price you pay for an "ideal" trade).

I highly recommend this book--it will inspire you. I often implement his formula into my decisions--too soon to tell how it works.

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Summary: A guide to low-risk opportunities in the options market
Review: Written by a successful stock options investor of eighteen years' experience, Covered Calls and Naked Puts is a straightforward guide to low-risk opportunities in the options market. Low risk does not mean guaranteed returns, and a disclaimer at the beginning of Covered Calls and Naked Puts warns the reader that the author is not liable in any way for losses the reader may incur from the market, and warns the reader that meticulous research of one's investments is critical. With that note firmly in mind, Covered Calls and Naked Puts is a straightforward primer full of tips, tricks, techniques, and simple truths that are all too easy to forget. A wealth of charts and diagrams help to fully illuminate the basic advice in plain terms that the lay reader will quickly be able to absorb and assimilate, especially with help from the glossary. From learning to avoid the urge to buy too much when one truly makes money by selling, to using charts to determine one's best option, to the mechanics of placing the trade and more, Covered Calls and Naked Puts is an excellent supplement to any cost- and risk-conscious investor's library.