Which of the following best explains a covered call?

	A.	This is when you buy 100 shares of a stock and buy a call on the same stock. You make a profit when the stock price increases.
	B.	This is when you short 100 shares of a stock and buy a call on the same stock. You make a profit when the stock price increases. or when it decreases.
	C.	This is when you buy 100 shares of a stock and sell a call on the same stock at a strike price higher than the stock purchase price. You keep the premium on the option. If the stock price increases, you have to sell your stock, but it is at a profit. If the stock price does not increase, you have earned a profit with the option premium.
	D.	This is when you buy 100 shares of a stock and sell a call on the same stock at a strike price lower than the stock purchase price. You keep the premium on the option. If the stock price increases, you have to sell your stock, but it is at a profit. If the stock price does not increase, you have earned a profit with the option premium.