Besides the usual high volume stocks such as Bank of America (BAC) and Nokia (NOK) is the Path S&P 500 VIX ST Futures ETN (VXX) making the list.

Its a boring start to the week and as we enter Fall trading, what looks good?  The minds at Whitebox believe it could be Bank of America (BAC).  Digging into their holdings also points to Wal-Mart (WMT) and Cisco Systems (CSCO).

What stocks to buy now that the major indexes are bouncing back?  The best options out there with the least amount of risk are General Electric (NYSE:GE), Bank of America (NYSE:BAC), and Sony Corp (NYSE:SNE).

What's a Covered Call?

The covered call is a strategy where an investor writes a call option contract (sells an option) while at the same time owning an equivalent number of shares of the underlying stock.If this stock is purchased simultaneously with writing the call contract, the strategy is commonly referred to as a buy-write.

While you may have heard that trading options is risky business, covered calls are actually a very conservative strategy, and most brokerages even allow retirement IRA accounts to write covered calls.

What's a Covered Call?

The covered call is a strategy where an investor writes a call option contract (sells an option) while at the same time owning an equivalent number of shares of the underlying stock.If this stock is purchased simultaneously with writing the call contract, the strategy is commonly referred to as a buy-write.

While you may have heard that trading options is risky business, covered calls are actually a very conservative strategy, and most brokerages even allow retirement IRA accounts to write covered calls.

Behold the greatness that is Mastery. 

Bank of America Corp. (NYSE:BAC) shares hit $4.92 a share and finished the day at $4.99.  How is this possible?

Last week the Godfather of financial blogging Barry Ritholtz put out a great article that listed the top 10 holdings of our U.S. Congress.  Making the top 5 were General Electric (GE), Procter and Gamble (PG), Bank of America (BAC), Microsoft (MSFT), and Cisco Systems (CSCO).

Bank of America (BAC) shares thanks to today's huge decline has shed 3% and now the stock is approaching its 12 month low.

The covered call is a strategy where an investor writes a call option contract (sells an option) while at the same time owning an equivalent number of shares of the underlying stock.