New member, first post. I know some of you folks can get downright testy if a thread isn't up to par, so I hope you'll cut me some slack with this very basic question. I am, it appears, the last remaining Buy and Holder of dividend paying stocks. I realized several months ago that I could add covered calls and increase the portfolio income. I had not done this before because of unwarranted concerns about the stocks being called and triggerig taxes and other bookkeeping chores. Now, knowing next to nothing, I have been happily selling calls several months out and finding: -they quietly and joyously expire, or -the market has a hiccup and goes down with the calls also decreasing and presenting the wonderful possibility of being bought in at a profit,or -the underlying approaches the strike price, whereupon one can roll out several months for a higher strike and, most amazingly, pocket some more cash! My question is: How long has this been going on?