The covered call involves writing a call option contract while holding an equivalent number of shares of the underlying stock. It is also commonly referred to as a "buy-write" if the stock and options are purchased at the same time.
Symbol: CWH
Current Price: 20.06
Num. shares: #100
Total cost: $2,006
Option: WRITE
Option: 21st Dec $35.00 Call
Price per options: $48
Contracts: #1 x 100
Total cost: $48
Entry cost: $48 (next credit/ in account now)
Maximum risk: $1958 at a price of $0.05 at expiry
Maximum return: $1542 at a price of $35 at expiry
Breakevens at expiry: $19.60
Note: Four Insiders Bought +73,000 shares on 05/24/2018 (Thursday) at $21.16
Symbol: CWH
Current Price: 20.06
Num. shares: #100
Total cost: $2,006
Option: WRITE
Option: 21st Dec $35.00 Call
Price per options: $48
Contracts: #1 x 100
Total cost: $48
Entry cost: $48 (next credit/ in account now)
Maximum risk: $1958 at a price of $0.05 at expiry
Maximum return: $1542 at a price of $35 at expiry
Breakevens at expiry: $19.60
Note: Four Insiders Bought +73,000 shares on 05/24/2018 (Thursday) at $21.16