@Optionspuppy:
What can u do when u have 100 Google shares atthis moment? $Alphabet(GOOGL)$Answer ; I can sell a Google call at 10 to 15% above its current price . Usually I do sell leap calls at20 to 25 months $GOOGL 20250117 125.0 CALL$Ok say Google is 105 now I sell a call at 125 $GOOGL 20250117 125.0 CALL$I have A potential gain of $20 more But I lock in a direct gain of $19 Premium Guaranteed so ok la at least if drop more I have a $19 buffer . If it rises I take as $39 max profit out of 105 . Selling covered calls is a strategy in which an investor writes a call option