BXB 0.54% $14.88 brambles limited

Covered calls? I think I know how that works? you buy an option...

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    Covered calls? I think I know how that works? you buy an option to sell them at a certain price? so if it does drop you are locked into a higher price and if it doesn't drop you loose the premium but all is good as the stock is up?

    Which ones do you use? how much do they cost?
 
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