An investor who writes stock call options in his own portfolio is classified as
An investor who writes stock call options in his own portfolio is classified as Correct Answer covered option
An investor who writes stock call options in his own portfolio is classified as covered option. A covered call option occurs when the investor owns the underlying asset and writes a call so that the underlying is on hand to sell to the option holder if the option is exercised. A covered put option occurs when the investor writes a put and has enough cash to cover the strike if the put is exercised.