The covered call involves writing a call option contract while holding an equivalent number of shares of the underlying stock. It is also commonly referred to as a "buy-write" if the stock and options are purchased at the same time.
*REFER TO CHART: for further information:
1) Buy in lots of 100 shares TTEC
2) Current price: $36.80
3)Purchase price: $36.80
In light of recent reported second-quarter profit which matched Wall Street expectations TeleTech Holdings Inc. (TTEC) is set to grow. Technically It might reach its previous high.
Mercurius Asset Management