i think Wasatch is right. snider has not invented an investment method so much as she has invented a novel method of measuring return. one that does not compare with any established method and is designed to make her method look good. she also makes the dubious claim that you can just hold your stocks until they can be sold at a gain or are called away. that seems like a bill of goods.

a good explanation of covered calls from a respected financial writer:

Just why writing options does not increase your expected return from stocks is a complicated matter. Perhaps this simple point will persuade you that there is no magic in the option game: A covered call is mathematically equivalent to a naked put. You collect a premium and in return agree to take bad stocks off people’s hands at high prices.

so the snider method will leave you in the end with a basket of bad stocks, no?