Well if I understand this arrangement you will just hold if the share price falls (as would I) but if you were buying cheap stocks you would have limited your upside to a fraction on the potential gains.
(Neither BHP or WOR presently fit into that category in my opinion).
Covered Call, page-15
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 (20min delay)
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Last
$13.82 |
Change
-0.040(0.29%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $13.90 | $13.90 | $13.82 | $895.8K | 64.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5641 | $13.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.82 | 3058 | 13 |
View Market Depth
| Last trade - 10.20am 28/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
