Learn · Covered calls
A covered call means you own the shares and sell a call against them. You keep premium; you may give up upside above the strike. Assignment and taxes are real. This page is education — not a recommendation.

covered call basics
You own (or buy) shares and sell a call against them. You collect premium; you cap upside if the stock rips through the strike. Max loss still looks like stock ownership minus premium — not “free income.”
If you do not own the shares, it is not covered.

covered call basics
Selling calls on names they would panic-sell. Ignoring assignment near dividends. Treating premium as risk-free yield. Skipping /options-risk-basics until max loss is instinctive.

covered call basics
Research the underlying with masters. Paper equity rules first. We do not route live options. Broker education + tiny size after you can state max loss in one sentence.
No. You still own equity downside. Premium only softens it.
No. Education + equity/crypto paper only.
Masters first. Premium second.
Create accountResearch simulation. Isolated briefs never say you should buy. No order routing.