Glossary · Covered Calls & CSPs
Outcome
Definition
Expired OTM → keep premium; assigned → own at strike − premium.
Where this appears
From the Covered Calls & CSPs reference sheet, Cash-secured put 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.