Covered Call Options Singapore
I am interested to know how to trade covered call options in Singapore. So far no brokerage companies are offering this to my knowledge.
So what is covered call options? To explain simply:
1) A trader who hold long position in a stock
2) The trader sells call options on the same stock to generate some money or income
Either way, when the stock goes up or goes down, the trader will still hold onto the premium that he receives for selling the option.
So what is covered call options? To explain simply:
1) A trader who hold long position in a stock
2) The trader sells call options on the same stock to generate some money or income
Either way, when the stock goes up or goes down, the trader will still hold onto the premium that he receives for selling the option.
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