Why mutual funds are robbing you

I think everyone knows that mutual funds have a percentage charge that they take for 'maintenance fee' but to me that is robbery. Now I don't make any claims about being a super financial genius, if I was I certainly wouldn't be with the portfolio that I have. (Disclaimer I was beaten down quite a bit from the peak, to the end of the crash) because as an optimist and the proverbial BULL I chose to think that the sun will come out tomorrow. But the fact is that by placing money in a 401k that money is (or should) be making serious money for someone (and it sure isn't me).
Why? well its in the Options. Again disclaimer this is NOT a financial workshop and I offer no advice which you should follow... BUT.... but your money should be working harder than it is. A primer, what is an Option? Quite simply it is an option to buy stock. Ok, doesn't everyone have an option/right to buy stock? Well of course. But an option is a vehicle to control stock for pennies on the dollar, thus you have tremendous leverage, and risk. BUT with proper management you can get serious money without that risk. That is by selling covered calls. Covered calls are done by offering for sale the stock that you own (in blocks of 100 shares). By selling out-of-the-money calls (the strike price, ie the price you will sell the stock at, has not been reached yet) you (the stock holder) can net a tidy monthly dividend.

Here's an example, I own a stock ANR I own a few hundred shares.
Today I can sell (per 100 shares I own) someone the right to purchase my shares for 32.50 (current price is ~$29) for 1.3 a share (or $130 per the 100) So I am covered on the downside share depreciation by 5% or (and better) the share price goes up (but less than 32.5) and I pocket the $130. Plus should the price go above 32.50 I am happy to sell my shares at 12% gain PLUS the $130. Seems like a win win. And I can do this every month. Comfortably I pull in a couple hundred a month with a teeny portfolio. Surprised? me too, it takes a little time every month, but so? its more than I make hourly at my job.

So whats the point? A broker managing an entire account of a 401K has thousands on thousands of shares to do this to. Selling covered calls wisely could easily net that person millions a year. And again if the stock sells its not his money covering the comissions. I think that some clarity into this could benifit those with accounts. If nothing else we should be able to have the option to pursue this to benifit our own retirement accounts.