Sling Blade Covered Calls

Here are this Week's Covered Call Picks..

What's a Covered Call?

The covered call is a strategy where an investor writes a call option contract (sells an option) while at the same time owning an equivalent number of shares of the underlying stock.If this stock is purchased simultaneously with writing the call contract, the strategy is commonly referred to as a buy-write.

While you may have heard that trading options is risky business, covered calls are actually a very conservative strategy, and most brokerages even allow retirement IRA accounts to write covered calls.

Bullish General Large Pic

Go with the strongest stocks you can buy, here are the new 52-week high's for Jan 31st.

The notable stocks hitting a new 52-week high today include Western Refining Inc (WNR), Pros Holdings Inc (PRO), Tupperware Brands Corp (TUP), TiVo Inc (TIVO), and Cardiovascular Systems Inc (CSII).