Covered Calls Screener
A Covered Call or buy-write strategy is used to increase returns on long positions, by selling call options in an underlying security you own. Profit is limited to strike price of the short call option minus the purchase price of the underlying security, plus the premium received. Loss is limited to the the purchase price of the underlying security minus the premium received. The covered call strategy is useful to generate additional income if you do not expect much movement in the price of the underlying security.
Thu, Apr 2nd, 2020