Downside-Protection

If you have never written a covered call of any kind this work might be helpfull to you. If on the other hand you have experience with type of investment then this booklet covers only the most basic covered call information, it has nothing new and nothing that is specific to ETF's. As an experienced call writer I was very diappointed in the content of this booklet.

The thoughts discussed in this book are nothing short of revolutionary in terms of investment strategy and expected return implications. This book was obviously written by a practitioner who really "gets it". Mr. Kadavy explains his arguments and tactics in a very easy to understand manner -- much thanks for the cutting-edge piece which will certainly change many investors' portfolio strategies and returns!

This book was written for investors that are new to covered call writing and want the diversification they can get from ETFs. I just wanted to throw my two cents worth in, because the reviewer who said the book wasn't of any value because he's an expert call writer obviously missed the point. The description of the book clearly states that it is for those of us who are new to this. Didn't he bother to take time to read the book description? I might agree that if you are really an "expert" at this already, you probably don't need this book. But a real expert would have read the book description to see if it made any sense for him to buy it. All I can say is that I'm very glad I bought two of Kadavy's books about covered call writing (also bought "Covered Call Writing Demystified"). For those of us who bought all of the wrong stocks during the bubble and watched them go down, the combination of buying diversified ETFs and writing covered calls on them should be good for solid returns way into the future. This book will tell you what it is all about and how to do it too in a way that you can understand and work for yourself without some broker churning your account.