Disclaimer: The information offered on this website by Wade B. Cook and Wealth Information Network Inc. is for educational purposes only. It is not intended to be a substitute for specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, consult with a qualified tax adviser, CPA, financial planner or investment manager. Example trades are a snapshot in time and may not be repeatable. Options involve risk and are not suitable for all investors. Covered calls provide downside protection only to the extent of the premium received and limit upside potential to the strike price plus premium received. Please consult a investment manager or broker before considering any option transaction.