ProWriter is very simple and enables me to first work out my plan and then to execute it with confidence. It is a very inexpensive tool of the trade for my new business. I definitely could not do what I am doing without it. This is the best job in the world. It takes me a few hours a month from home. I now have time to spend with my children and attend all of their activities.
Quote Senior Portfolio Manager, Macquarie Equity Income Fund.
“The option premium received acts as a partial cushion to downside movements in the market and helps provide more consistent returns to investors, especially in more volatile times. In the current volatile market, investors can generate 20% annualised income by selling call options on a portfolio of shares. The greater the share market volatility, the greater the option premium received and hence, the greater the buffer to downside movements in the market.”
Quote: St George Bank
“You can create additional income from shares in your portfolio and when used as part of a portfolio, options can reduce volatility and enhance returns. This versatility makes options very popular with investors looking to trade short term moves as well as build and protect long term wealth.”
Quote: James Cordier & Michael Gross – TradingMarkets.com
Selling options has been a base strategy of professional traders and commercial hedgers for years. They sell options, and small, generally less capitalised investors buy them. Most of the time, the options expire worthless and the professionals and commercials take the money. This is why we recommend the strategy of selling options to our clients. In our opinion, selling options is a strategy for serious, sophisticated investors. Buying options is for amateurs.
Extract: The Australian Financial Review
“The Buy Write Strategy is getting more attention from investors after recent figures from the Australian Stock Exchange show it has been successful in outperforming shares.”
Quote: Shannon Rivkin – Rivkin.com.au
“Covered Calls provide an outstanding way to enhance income generated from leading blue chip Australian shares.”
Robert Kiyosaki – Best selling author
“The very rich sell options just as the very rich sell shares of stock, not buy them. Bill Gates became the richest man in the world by selling shares in Microsoft, not buying shares. The same can be true in the world of options, only it can be much faster, easier and more profitable if you know what you are doing.”
Quote: Louise Bedford – Best Selling Author
“You can learn the secret of writing options which can allow you to consistently make profits regardless of market conditions. Few traders realize that the key to increasing their return on their investment lies in this simple strategy. By writing options and learning how to write them well, you have more chance of becoming one of the 15% – 20% of successful options traders who make money in this market.”
Quote: The Australian Stock Exchange (ASX)
“Writing options against shares you own or are purchasing can be one of the simplest and most rewarding strategies!”