Online Courses

Covered Call Writing

Continuing Education Credit: 1 hour*
*Available for fee-based courses only, please send us an email for more information.

Course Expiration: Course access expires 12 weeks from date of registration

Cost: Free

Course Overview:

Covered Call Writing discusses the basic terms of Covered Call Writing, writing calls against a long stock position, covered calls as an alternative to open orders, and the assignment of Short Calls. You also will learn about the return based strategy called the buy/write and how it can be managed by rolling, and much more.

Course Outline:

Basic Terms and Definitions

Writing Covered Calls
- Writing Covered Calls against a Long Stock Position
- Writing Covered Calls and an Alternative to Open Orders
- Will my Short Calls be Assigned?
- Qualified Covered Calls

The Buy/Write
- A Return Based Strategy
- Stock Outlook
- Comparing Buy/Writes on Two Different Stocks
- Buy/Writes: Possible Outcomes at Expiration

Managing Buy/Writes
- Rolling Out
- Rolling Up and Out
- When to Roll Positions
- Other Possible Rolls