Definitions for "Covered Call Writing"
A short option position where the seller (writer) owns the number of shares of underlying stock represented by the sold options. This strategy is less risky than outright long stock positions and is equivalent in its profit/loss profile to naked put writing.
An option strategy in which a call option is written against an equivalent amount of long stock. Example: writing 2 XYZ May 60 calls while owning 200 shares or more of XYZ stock. See also Buy-write and Overwrite
An option strategy in which a call option or options are sold against equivalent...