Buying Covered Calls Link

: You generate instant income (the premium), but you cap your potential profit if the stock price skyrockets above the strike price.

To execute this, you must own at least of the underlying stock for every 1 call option contract you sell. buying covered calls

: 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 : You generate instant income (the premium), but

You can either sell calls against stock you already own or execute a (buying stock and selling the call simultaneously). Covered Calls Strategy: Generate Income and Manage Risk buying covered calls