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Glossary · Assignment & Covered Calls · N

All terms

Naked call in plain English.

Selling a call without owning the shares. The risk is theoretically unlimited, and it is not part of the wheel. Avoid it.

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Track

Assignment & Covered Calls

4 terms in this track

Taught in

How a covered call works

In the index

74 of 129

Filed under N

Connections

3

Related terms mapped below

01

The idea, in context

How to read the picture above and where the Academy teaches it.

Reading the illustration

A covered call caps the upside at the strike in exchange for the premium; the dashed line is the shares alone.

In French: Call nu

Where it’s taught

Assignment & Covered Calls

How a covered call works

“How a covered call works” introduces this term with worked examples, a quiz and the trades around it. The Academy is part of the YieldCove membership.

About the AcademyOpen the lesson (members)

02

3 terms around this one — the words its definition uses, its lesson siblings and the terms that build on it.

  • Used in this definition
  • Same lesson
  • Builds on this term
  • Same track

03

Where to go next

Understand it, try it with real numbers, then track it for free.

GlossaryLook up any termPlain-English definitions with illustrations and the lesson behind each one.Open the glossaryFree toolWheel calculatorPrice a put, a covered call, a roll or a full cycle — payoff, odds and Greeks.Open the calculatorAcademyLearn the wheel properlyA structured course from first option to expert playbook, with quizzes and worked trades.Explore the AcademyFree accountTrack your wheel for freeLog trades, follow assignments and rolls, and see your real income — no card needed.Create a free account

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