Explore Your Options by Tom Gentile
A report in Baron's said now was a good time for "buy-writes" and said the trade was buying stock and selling calls. This sounds like covered calls. Is there a difference and, if not, do you think it IS a good time?
You are correct, the buy-write and the covered call are the same strategy. "Buy-write" refers to the fact that the trade involves buying shares and writing calls.