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Hi mp135obx,

Did you "buy to open" or "sell to open"? If you bought, then you bought the calls instead of selling the covered calls.

If you did buy to open and you want to sell them, make sure you "sell to close" to close out the position (if that is what you decide to do). Otherwise you'll simply cover your call but still have the bought calls open.

You are correct - if you sell covered calls then you ought to see a credit of cash in the account.

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