MUST KNOW BELOW

 Hals MUST KNOW BELOW

An "at the money" (ATM) covered call option refers to writing (selling) a call option on an asset you own, where the strike price of the option is very close to the current market price of the asset.

An "out of the money" (OTM) covered call option refers to writing (selling) a call option on an asset you own, where the strike price of the option is higher than the current market price of the asset.

An "in the money" (ITM) covered call option involves writing (selling) a call option on an asset you own, where the strike price of the option is lower than the current market price of the asset.