stockmaster, good question. there are loads of option strategies...

stockmaster, good question.

there are loads of option strategies available all having different risk / reward. What you see above, and with what I do, I have the same risk as anyone who buys the shares normally. If it tanks, the value of my shareholding decreases in value by that amount. If it tanks, I am actually better off than all those who just bought the shares, and that is because I collected some income off my investment up front...