Options Playbook 20: Covered Call Writing

For those of you with the book, we’re on page 50. Or, you can find it on OptionsPlaybook.com in the “Rookies” tab and look for “Covered Calls Strategies.”

Today Brian discusses:

• What are covered calls? (Sometimes called a buy / write)
• When to run a covered call.
• Strike price and expiration.
• Unwinding a covered call.
• Caveats, including right to dividends.