For example, if you write an uncovered call,
you face unlimited potential loss, since there is no cap on how high a stock price can rise.
In many ways, however, since the inception of Kindle
Unlimited last summer, Howey's sorting - through of the variables
faced by authors has held a certain coherence because of (a) his «hybrid» status as a traditionally and self - publishing author, (b) his AuthorEarnings.com data work in a consistent if controversial analysis of authors» income
potentials, and (c) his study of the Amazon subscription question as a shared conversation with readers and authors.