Glossary · Covered Calls & CSPs
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Definition
Income is payment for accepting the tail — know the tail.
Where this appears
From the Covered Calls & CSPs reference sheet, Honest expectations section.
Lessons that use it
See the reference sheets in the app →
Learn content is for education only — not individualized financial advice, a recommendation, or a solicitation to buy or sell any security. Options involve substantial risk. Examples are simplified and historical patterns never guarantee future results.