Why use a covered call? - Fidelity - Fidelity Investments
https://www.fidelity.com/learning-center/investment-products/options/why-use-a-covered-call
WEBA covered call, which is also known as a “buy write,” is a two-part strategy in which stock is purchased and calls are sold on a share-for-share basis. Covered calls offer investors three potential benefits, income in neutral to bullish markets, a selling price above the current stock price in rising markets, and a small amount of downside ...
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