Meanings
nouncovered call (plural covered calls)
plural covered calls
- businessAn investment comprising two parts: (i) long stock, and (ii) short call option. It is an income-oriented strategy that is conservative in nature. The investor hopes to earn the time premium portion of the call option.
Cite this entry
APA
covered call. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/covered%20call
MLA
“covered call.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/covered%20call. Accessed November 4, 2026.
Chicago
WatkinsX Dictionary, s.v. “covered call,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/covered%20call.
Source: covered call on Wiktionary, CC BY-SA 4.0.