Glossary · Covered Calls & CSPs
Setup
Definition — Covered Calls & CSPs
Own 100 shares + sell 1 call, 30–45 DTE, ~5–8% OTM.
Definition — Covered Calls & CSPs
Sell put at a price you want to own; cash fully reserved.
Where this appears
From the Covered Calls & CSPs reference sheet, Covered call 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.