Plenty of traders would never sell a naked put and write covered calls without a second thought. Tom Preston puts the two profit graphs side by side and shows they are the same shape. A covered call is a synthetic short put, so the risk you were avoiding is the risk you already hold. He also takes apart the income framing. The credit barely dents a real decline, so the honest purpose is reducing your cost basis rather than hedging. Then he shows what selling two calls against a hundred shares quietly becomes. Education, not a recommendation. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 0:00 What a short call is 0:43 Reading the profit graph 1:25 Why it is rarely alone 1:59 Adding stock underneath it 2:32 What the graph does now 3:36 Where the upside gets capped 4:17 It is a synthe...