The profit or return a covered call writer would make if the underlying security is called away and indicates the max return possible to the buy-write investor from appreciation of the underlying shares. In most cases this is equivalent to the maximum return possible for a covered call position.

The profit or return a covered call writer would make if the underlying security is called away and indicates the max return possible to the buy-write investor from appreciation of the underlying shares. In most cases this is equivalent to the maximum return possible for a covered call position.