How to Generate Monthly Income From Stocks You Hold

Laurie Itkin, an investment advisor with Coastwise Capital Group (www.coastwisegroup.com) and Founder of The Options Lady (www.theoptionslady.com), describes how she uses the covered call strategy to generate income from a stock portfolio and reduce risk and volatility.  Due to current low bond yields, conservative investors and retirees are moving money from bonds into dividend-paying stocks. Sophisticated investors are pumping up those yields  -- while reducing risk -- by selling call options against their stock holdings.