| Definition: | Also known as a "covered write".
Long Stock; Sell In-the-Money, At-the-Money, or Out-of-the-Money Call. |
| Strategy Type: | Bullish |
| Risk: | Limited Large |
| Gain: | Limited |
| Time Decay Effect: | Positive |
| Increasing IV Effect: | Negative |
Profit/Loss by Change in Underlying Common Price![]() |
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