| 11. | First, we need to understand what is involved in writing covered-call options.
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| 12. | Investors buy call options to bet that a stock will rise.
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| 13. | These call options rose $ 16 a share after the announcement.
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| 14. | Call options are bets that a stock's price will rise in the future.
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| 15. | For example, bonds and equities can be used to replicate a call option.
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| 16. | Liz call options also rose sharply as investors speculated Liz's stock will rise.
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| 17. | Investors who bought that so-called call option saw their investment increase tenfold today.
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| 18. | Call options rise in value as the underlying Fleet shares rise in value.
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| 19. | Investors buy call options when they expect the underlying stock's price to rise.
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| 20. | The call options traded as low as 3 / 8 a month ago.
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