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Stock impact report

These 4 Covered Call Funds Can Turn Anything Into Super-Sized Yields [Forbes]

Enterprise Products Partners L.P. (EPD) 
Last enterprise products partners l.p. earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: enterpriseproducts.com/investors
Company Research Source: Forbes
pays Fortunately, we can buy covered-call funds that do the heavy lifting (“call writing”) for us. These funds yield 7%, 12% and yes even 89%. We simply buy them and collect the dividends. But are all covered-call funds good buys? Of course not. We'll sort through a popular four-pack in a moment. First, let's discuss what covered calls are and how they generate income. Degenerate traders love buying call options to make big bets on stocks. The calls provide them with leverage to acquire a sizeable position that these loose cannons otherwise wouldn't be able to afford. As thoughtful income investors, we take the other side of these wild bets. We sell (“write”) covered calls to these gamblers. A call option is a contract that gives its buyer the right to purchase a stock from the seller for a certain price within a certain period of time. The buyer pays the seller a “premium” for that right. By selling “covered” calls, we are selling call options against stocks we already o Show less Read more
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