If youa#39;re unwilling to sell the stock against which youa#39;re writing the covered call, you shouldna#39;t even consider writing the option. ... Selling the options gives you $1, 500, or 3 points per share of downside protection on your 500 shares of ABC.
|Title||:||High-Powered Investing All-In-One For Dummies|
|Author||:||Amine Bouchentouf, Brian Dolan, Joe Duarte, Mark Galant, Ann C. Logue, Paul Mladjenovic, Kerry Pechter, Barbara Rockefeller, Peter J. Sander, Russell Wild|
|Publisher||:||John Wiley & Sons - 2011-02-08|