The secret to writing covered calls lies in first choosing the appropriate underlying stock and then choosing the correct set price.  Approximately 80% of all options expire worthless which will allow you, the investor, to write another set of calls without having to search out another stock.

 

The OnlineOption by Dr. Cooper helps to screen out poorly suited stocks leaving only those that will increase gradually without large fluctuations.  Large fluctuations may cause the market price of the stock to momentarily exceed the setprice of the option and be exercized.  If this happens it is not the end of the world, it just means that you need to purchase additional stock before continuing to write calls.

 

Dr. Stephen Cooper has perfected a strategy for choosing stocks that are most effective for call writing.  Called the OnlineOption it puts the stock through several filters or screens that weed out the undesirable stocks leaving only the best suited behind.

 

Filter 1:  Choose Stocks that are at or near their

               all-time high.

Filter 2:  Choose lower priced stocks that allow

               you to buy at least 1000 shares.

Filter 3:  Earnings per share exceeds 80+.

Filter 4:  Relative price strength exceeds 80+.

Filter 5:  Industry relative group strength = A

 

At the Prophet always says...do not rely on just one method for investigating an investment.  Check out the section on financial analysis also.

 

Purchase the stock.  Don't forget that you can simultaneously write covered calls on it.  The premium received discounts the market price of the stock.

 

TheCooper Option System doesn't just work for writing covered calls.  A further refinement of the filtering process will allow you to purchase puts and calls with very high profit success rates.  And the Prophet is all about profit.