ooh this is a good idea
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Although you don’t have an obligation to buy the shares, if they expire in-the-money (e.g. the price of Apple at expiration is over 170), your broker will probably exercise them for stock, i.e. you’ll have 100 shares of AAPL for $17,000. To avoid that, just sell before expiry.
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Or if they’re selling a call as part of a call spread, fly, iron condor, etc. Selling calls without being hedged in any way is generally a pretty bad idea, but selling covered calls isn’t the only “safe” option for that
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thank you these are super great points and well stated.
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still $24

