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Covered Calls

Title: Covered Calls
Category: Investing
Clicks: 0
Listing added: Sep 18, 2006
PageRank:
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A covered call is a combination of owning shares of a stock or other securities and selling (or writing) a call option on those shares in corresponding amounts. It has essentially the same payoffs as a short put option on the stock, and thus should have essentially the same price (or premium) as tha