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Next, I considered covered option writing after looking back at Value Linds Risk/Reward Rates. Gain is very consistent over last 8 years:

77 41%

78 38%

79 42%

80 45%

81 29%

82 29%

83 28%

84 50%

These results take into account dividends on the underlying stock, premium income, and stock appreciation. Of course this doesn't take taxes into account but, even so I expect the overall gain would be better than any of the funds shown a few pages back.

But I don't know how much I can trust the Value Line figures, because they come from a conjectured method of geometrically averaged price changes of stocks ranked 1 and 2. There are no actual figures from an actual portfolio. And Value Line Funds performance have been dismal lately, over last 5 years.

Even if I believed the big %, it takes 20 stocks, and preferable 30, require assets of 50K to $75K and that just for 100 share lots so commissions would be very high.