i just joined up and i have read all the commentary on covered calls. Does anyone know what kind of returns you can get on covered calls on stocks in the U.S market.
The reason i ask is that a certain financial seminar group is offering to educate people on how to implement the strategy in the U.S as it is apparently more productive and it states the returns are vastly higher than writing in Australia.
Some of the figures used, are like earning anywhere between 2% to a whopping 15% on stocks per month in the u.s instead of the approximate range you can get here in australia which is usaually between 2% to 5% if your lucky.
Anyone use the srategy in th u.s? can anyone shed any light on the vailidity of these statements? Is the u.s market possiblilty a lot more volatile and hence the larger premiums?