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You have an asset trading for 100. ATM calls and puts are available at 4 each. You would like to have a covered call position
You have an asset trading for 100. ATM calls and puts are available at 4 each. You would like to have a covered call position (that is buying the asset and selling the call). What would be the profit profile for such a strategy?
Would you recommend an alternative? Why or why not?
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