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Scott Martin

Contributor

Executive Editor
The Wealth Advisor

 

A veteran in the business of digital and print journalism, Martin joined The Wealth Advisor in January 2009. His name now appears in most U.S. financial advisors’ inboxes each day as sender of record on the 11 million emails we deploy each month.

 

He writes for an audience of 280,000 wealth and financial advisors including 205,000 registered investment advisors (the largest digital audience of RIAs of any industry publication), managing a staff of 5 editors and 2 researchers to produce daily wealth management news and 8 specialty newsletters focused on top-of-mind industry topics like tax protection, practice management, technology and TAMPs (turnkey asset management programs).

 

He also moderates industry panels and compiles our specialty annual guides on trusts, technology and TAMPs: America's Most Advisor Friendly Trust Companies, America's Best TAMPs and America's Best Trust Technology Buyers Guide.

 

In prior lives he served as lead market writer at CNN, ran Buyside magazine, wrote for Institutional Investor, Research, ALPHA and other publications, and dabbled in hedge fund land.

Chasing Income, Sacrificing Alpha: Covered Calls For All Advisors

Covered calls have an ageless allure. You have a portfolio of stocks that you like for the long term, so you don't want to sell yet . . . either they still have unrealized potential or they're going through a temporary rough patch.

But especially when traditional income streams for investors aren't working, the ability to write a call option on those stocks and collect the premiums can be extremely valuable. As long as the option isn't exercised, the portfolio remains intact. Every month, new calls get written and new premiums roll in.