I don't invest in options. However, writing a covered call, selling an option where you own the underlying security can be profitable. Allegedly.If the stock reaches the number of the strike, then you deliver the securities. If the number is not hit then you pocket the premium and get to keep the stock. You limited on the upside but you get some cash flow. Options are lucrative for, you guessed it, brokerages. I spend too much time inside anyway. Leaving the office, to take care of business, allegedly.buzman-It is only supposed to reach 65 today, but not a cloud in the sky.
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