Taylor sold promissory notes, which paid monthly interest, to HCFC and other investors and used the proceeds to invest in a covered call strategy.

FORBES: Dr. Ethics: 'I'm Mad as H*!! And I'm Not Gonna Take This Anymore!'

If it's so easy to juice returns with a covered-call strategy, why doesn't everybody do it?

FORBES: Magazine Article

Depending on the strategy, calls can be used to reduce risk (covered call-writing) or to add staggering amounts of risk ("naked" call-writing), so brokers issue options-trading permission only selectively.

WSJ: Upside: Options for Nervous Investors