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1) FAM is looking at GOOG and thinking they could report a great quarter next week. What's their best strategy? 2) I bought 3 call

1) FAM is looking at GOOG and thinking they could report a great quarter next week. What's their best strategy?

2) I bought 3 call options for $1.75 (premium) with a strike price of $45 when the stock was $38.75 and it's going to expire today with the stock price at $49. Did I make any $? If so how much. If not, how much did I lose?

3) What's the advantage of a covered call? Any disadvantage?

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