LogFAQs > #949091881

So here's what selling a covered call means

• Someone can buy your shares at the price you pick at any time before the call expires
• Generally this will only happen if the stock price goes above that number. Why would someone buy your shares for $28 when you can buy them off the market for less.

So if you sell the call for a price that's higher than your cost basis this poses no real risk to you unless you don't want to sell for a small profit because your stock might moon or you want the dividend or lower tax rates or whatever.

Me I'm completely fine with getting "only" 10% return on my 200 FUBO shares by the end of the week. And if I don't those contracts were free and I can sell them again next week.

Now if the stock price goes so low that I can't sell calls that still net me a profit there becomes a form of risk but I feel more pressure on my $28 calls being cashed out than I do

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No problem!
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