Covered Calls, Dividends & Passive Income

There are a ton of books on Options investing, but very few specifically on covered call writing. One book I recently read was Cashing in on Covered Calls, by Alan Ellman. I got this book off Amazon, but it was shipped directly from the author’s business / publishing company called The Blue Collar Investor.
So [...]

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Amazon.com Widgets

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So my June 19 Microsoft Call (.msfqb) expired out of the money (i.e. the closing price was below the strike price). MSFT closed at $28.55 my option strike price was $29.00. I was hoping to get called out. The stock did get above $29 for a short period of time, but just couldn’t hold on. [...]

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In an effort to generate additional cash flow from some of the stock I own, I decided to try writing a covered call. I have been doing some reading on the subject and it is a good way to earn addition income on stocks especially in a stagnant market such as this. I’ve looked for [...]

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I am a novice at this so my initial strategy will be very conservative.
As I mentioned in my Results for May-2008 post I wrote a covered call on some Microsoft stock I owned as a way to generate some additional income. I selected Microsoft because I was thinking of selling my shares anyway. I’m short-term [...]

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So here is my starting point in terms of passive income and please don’t laugh too hard.

May 2008

Interest Income: $4.39

Dividends: $0.00

Covered Call Writing: $128.04

This is the first time [...]

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If you ask people how they define passive income you’ll probably receive many different answers. There are very few sources of true passive income where you sit back, do nothing, and let the checks roll in. Almost all forms of investment require some work to select, set-up and monitor. There are only sources of income [...]

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