Buy and write strategy An options strategy that calls for the
purchase of stocks and the writing of covered call options on them.
Covered Straddle Write
Covered Straddle Write The term used to describe the strategy in which an investor owns the underlying security and also writes a straddle on that security. This is not really a covered position.
Covered writer
Covered writer An investor who writes options only on stock that he or she owns, so that option positions may be collected.