THIS BOOK IS AHEAD OF ITS TIME
Reviewer Marty Karman from California wrote..."The use of Exchange Traded Funds is rapidly replacing mutual funds as the investment of choice for stock investors. Yet, even so, with the long-term prospect of stock prices growing much more slowly than in the past, new ideas are needed to achieve acceptable returns. Covered Call Writing With Exchange Traded Funds (ETFs) offers a turnkey solution for double-digit investment results. It's "how to" program provides what in my view is an optimum situation... diversification through the use of ETFs and increased returns through covered call writing. Since covered call writing can't be done on mutual funds, ETFs are becoming the logical choice for investors because of this and for many other reasons described in the book. The ability to write covered calls on ETFs just adds frosting to the cake. As investors experience only slow growth in their stock portfolios over the coming years, as I believe they will, this book, and a similar book for individual stocks, Covered Call Writing Demystified, should find a growing audience."
EXCELLENT INVESTMENT STRATEGY
Reviewer Bill Stevenson from Bella Vista, Arkansas wrote..."Covered Call Writing With Exchange Traded Funds (ETFs) is an excellent book to help you get started using covered call writing as an investment strategy. It is easy to read, straight forward, and comprehensive. The book provides all the information necessary to utilize your capital to earn higher returns than the current market otherwise provides. The program Mr. Kadavy describes has the multiple advantages of providing downside protection in a flat or declining market like we have had in 2001 and 2002, while still giving you the potential to earn double-digit returns. I have been writing covered calls for about 8 months and it has been more successful than anything else I have done in the last 5 years. Using ETFs gives you a broad diversification which mitigates risk in the equities market. The decision to invest in the stock market is one each of us must make for ourselves. But if you decide to be in the market, covered call writing, done properly, reduces risk and increases returns. Mr. Kadavy's book prepares you to do it right."
A MOST TIMELY AND PROFITABLE BOOK
Reviewer Victoria Gorman from Santa Barbara wrote..."I am new at covered call writing, but have found this book to be my solution to the stock market doldrums. I liquidated my poorly performing mutual funds and have purchased ETFs with the help of the information provided in this book. I then started to write covered calls on them. So far my results easily substantiate the book's claim that double-digit returns are there to be had using this strategy. For the first time in years I have some hope of recovering my losses. A real side benefit for me is that the income I get from covered call writing is tax free. I'm using my past mutual fund losses to offset the nice gains I'm realizing from writing covered calls! I'd highly recommend this book to anyone, but particularly smaller investors who can't get broad diversification through individual stock ownership. The strategy is also excellent for those who have losses. As in my case, you should be able to use those past losses to offset the gains from your call writing so that no taxes have to be paid."
REVOLUTIONARY STRATEGY COUPLED WITH CLEAR, CONCISE TACTICS
Reviewer Joseph A Speeney from Basking Ridge, NJ wrote... "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!"
OUTSTANDING FOR NEW CALL WRITERS
Reviewer Jo Bruckner from Baltimore wrote..."This book was written for investors who 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 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."
A FRIEND MADE MORE WRITING COVERED CALLS AT LUNCH THAN AT HIS MANAGEMENT JOB!
Reviewer Marilyn Acker wrote..."I would like to thank you for the easy-to-read book. A friend made more on covered calls last year on his lunch hour than at his management job and recommended your book. With the volatility we're experiencing this year, I was glad to read your book and (hopefully) find a new way to benefit from the market volatility."
A BREATH OF FRESH AIR
Reviewer: Al W. wrote..."Both your books were a breath of fresh air compared to everything else that I've read. Some books only tell you the good parts and fail to show you how things can go wrong. Other books go into too much fundamental and technical analysis. And thanks for covering the cost of shipping for me."
A HUGE FAN
Reviewer: Alex T. from Mississauga, Canada wrote..."I'm a huge fan of all your books. I first bought Covered Call Writing with ETFs and Writing Uncovered Put and Call Combinations from Amazon. Then I bought the PDF version of Short Spider Straddles from your website. Today I bought PDFs of the other three books on options (Covered Call Writing Demystified, Put Option Writing Demystified and Covered Call Writing with Qs and Diamonds) from your site. Your advice in any of these books is worth a hundred times more than the pricc of the books. Thank you very much again for all your valuable advice in your books. I'm looking forward to reading your every blog and new books!"
AVERAGED 1.67% PER MONTH
Reviewer: Dick J. from La Quinta, CA wrote..."About a year-and-a-half ago I read Covered Call Writing With Exchange Traded Funds and have been putting it to work since July 2008 writing covered calls (almost exclusively utilizing ETFs) in my own and my wife's IRAs. I've averaged 1.67% per month since I started writing covered calls. Your book was the seminal book that got me started. Thank you."
