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Meaning of covered call | Babel Free

Noun CEFR B2

Definitions

An investment comprising two parts: (i) long stock, and (ii) short call option. It is an income-oriented strategy that is conservative in nature. The investor hopes to earn the time premium portion of the call option.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

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