### Comment:
Covered calls? I've been thinking of pursuing this, care to elaborate on your methodology for choosing strike price and expiration? How far OTM do you go?

### REPLY:
Yes exactly. Usually I go for a couple weeks with whatever price target i have. The important thing is choosing cheap stocks. Dont do it around earnings or other high volatility events. Everything else is of course judgment. The important thing is choosing good stocks. If you pick a dividend stock you get another source of income.

### END.