Re: articles on covered call options
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Me: Buy and holders would have made more
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No. Option seller could have bought it back at 127 and been $2 ahead of the buy and holders.
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If covered calls are so lucrative, why not sell the calls naked? All of the profits without tying up as much capital. If the stock closes over the call price you just buy at market and take a small loss. A small loss because stocks that pay big premiums never go up much, right?
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