1. Basics: When you purchase an option –> Long position Write an option –> Short position 2. Set your Strategy – Want more Income –> write Covered Calls – Protect the value of the stocks that you own – Purchase…
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1. Basics: When you purchase an option –> Long position Write an option –> Short position 2. Set your Strategy – Want more Income –> write Covered Calls – Protect the value of the stocks that you own – Purchase…