Buying Covered Calls <2024>

: You use this when you expect the stock to stay flat or rise only slightly.

: The Option Premium is yours to keep regardless of whether the stock is "called away" or the option expires worthless. 2. Steps to Buy (Set Up) a Covered Call buying covered calls

To execute this, you must own at least of the underlying stock for every 1 call option contract you sell. : You use this when you expect the