http://www.isnare.com/?s=author&a=Tony+Lassito Finances Tony Lassito Wed, 20 Sep 2006 00:00:00 +0800 http://www.isnare.com/?aid=86388&ca=Finances Covered Calls Options are most commonly used by investors for either leverage and / or insurance (hedging). As leverage, options allow the investor to control an equity position without paying 100% of the share price. For example, rather than going on the open market and purchasing 100 shares of IBM...