Lock In: To freeze the price of the underlying stock by selling a covered call. As long as the call position is ... The call writer discounts the basis in stock, providing a degree of downside protection and lowering those risks. When you write callsanbsp;...
|Title||:||Getting Started in Options|
|Author||:||Michael C. Thomsett|
|Publisher||:||John Wiley & Sons - 2013-02-13|