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The covered combination can enable you to do a couple of things: increase your position if a stock or ETF you own declines, or sell it at a defined price if it climbs to where you're ready to take profits. In this session, Edward J. Modla of OIC will discuss:
- Covered call writing
- Put selling
- Building the covered combination
- Motivation and risks
- Calculating your maximum loss and break-even points

Edward J Modla
OCC,
Principal, Investor Education
Edward J. Modla is Principal, Investor Education at OCC. In this role, he oversees education programs which promote the responsible use of listed equity options. Mr. Modla represents OCC by creating and presenting educational events in both online and in-person formats, serving as a guest speaker on panels, and working with the media. Also, he has a lead position in the production of options curricula and the development of strategic business partnerships.
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