Many investors have found covered calls to be one of their better investments as it combines the power of an option with the safety of a stock.

Diagonal spreads are similar to covered calls but instead of paying large sums for a stock, it uses the benefits of a long term option position such as a LEAPS and then adds to this by selling short term calls against the LEAPS for monthly cash flow.  

This video CD will show you the techniques used in identifying LEAPS on ETF's and then when and how to sell monthly calls for consistent cash flow. More importantly, the video CD demonstrates how to buy back the short term calls and roll out or down so the profits keep rolling in if the stock moves up, sideways or even down.  

Run time is 60 minutes and is only for PC compatible.