Can anyone tell me how to write a covered call?
I hold 1000 shares of EDU.
Now, it seems like the premium of call option is very attractive.
My question is:
If I write a call option at 60 with expiration date in October, should I hold the cash positions till the expiration date?
If people want to exercise the option prior to the expiration date, can they do that?
many many thanks for your input.
