How Covered Calls Turned a Trader Around
Author: Tony Spann
Sidney felt sick as she looked at her latest OptionsXpress trading statement. In just 8 months, she had managed to turn her $120,000 account balance into less than $70,000.
Tears welled up in her eyes as she realized that the financial freedom she so desperately sought was slipping uncontrollably out of her grasp. For the first time since the accident, she felt desperately fearful of the future.
How would she be able to keep custody of her two young children, Paul and Sara, without an income once the money was gone? She just knew her violent ex-husband, Tom, would file for custody as soon as he discovered that she had no way of providing for her children, and then she would be on her own. Her situat...
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