Buying Covered Calls
A covered call is used when an investor sells call options against stock they already own or have bought for the purpose of such a transaction. By selling the call option, you’re giving the buyer of the call option the right to buy the underlying shares at a given price and a given time.
What are the best stocks for covered calls?
Best Stocks for Covered Calls
- Ford Motor (NYSE: F) Ford Motor Co. …
- Oracle (NYSE: ORCL) …
- Walmart (NYSE: WMT) …
- Global X NASDAQ-100 Covered Call ETF (NASDAQ: QYLD) …
- PepsiCo (NASDAQ: PEP)