Covered call investors do not short stock, but do short call options. (borntosell.com)
We may some position changes and also added to our Enhanced Yield positions (dividend stocks versus near - term short call options). (oldprof.typepad.com)
2When the Advisor's estimate of the expected market return / risk profile is strongly unfavorable, the Fund (HSGFX) has the ability to fully hedge its portfolio, potentially raising the strike prices of its index put options to a higher strike than those of short call options that may be used to hedge the portfolio. (hussman.net)