Writing Covered Calls certainly are “moderate” investor’s favourite strategy. It works particularly well when the stock that your doesn’t move dramatically up or down, but rather just trends sideways. Basically, it works best stocks are usually deemed too “boring” for option works.
You would earn single.00 on the exercise. What if soybeans are at 7.00? Could possibly be. But probably not. After all why bother buying soybeans at 7.00, in order to sell these phones someone for 7.00? Regarding 8.0