# Allow selling of covered calls

**URL:** <https://community.trading212.com/t/allow-selling-of-covered-calls/30750>\
**Category:** 💡 Feature suggestions & ideas\
**Created:** [December 8, 2020, 5:40am UTC](https://community.trading212.com/t/allow-selling-of-covered-calls/30750 "2020-12-08T05:40:26Z")\
**Posts on this page:** 7\
**Page:** 1

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**Author:** ![AKS1985](https://avatars.discourse-cdn.com/v4/letter/a/ecccb3/32.png) [@AKS1985](https://community.trading212.com/u/AKS1985)\
**Post date:** [December 8, 2020, 5:40am UTC](https://community.trading212.com/t/allow-selling-of-covered-calls/30750/1 "2020-12-08T05:40:26Z")

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I understand T212 sees options as gambling but I think they should give access to the safer strategies like selling covered calls so that we can generate income/reduce cost basis.

With covered calls all you are risking is your shares being called away (at a higher price than your cost, so you will still be net positive). You are just selling future upside for upfront income.

We aren’t asking options strategies with undefined max losses. Covered calls are relatively safe and it would be a huge differtiator to every single one of UK brokers. Your partnership with IB would also make it relatively straightforward to implement this, correct me if I am wrong.

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**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\
**Post date:** [December 8, 2020, 8:29am UTC](https://community.trading212.com/t/allow-selling-of-covered-calls/30750/2 "2020-12-08T08:29:54Z")

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I too would like options. But I don’t think it’s likely. I think tastyworks is a broker that people use for options.

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**Author:** ![saifali](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/saifali/32/559_2.png) [@saifali](https://community.trading212.com/u/saifali)\
**Post date:** [December 9, 2020, 9:45am UTC](https://community.trading212.com/t/allow-selling-of-covered-calls/30750/3 "2020-12-09T09:45:16Z")

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Agreed. But OPs talking about Covered Calls, which is a simple short option strategy to generate income or reduce cost basis. I believe it’s a very nice tool for buy and hold investors. Hopefully we can get it next year or so.

I personally trade options elsewhere, and need to hold 100 shares of each company there to sell CCs, if I hold them here, T212 can make good money from our holdings by lending and interests.

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**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\
**Post date:** [December 9, 2020, 9:59am UTC](https://community.trading212.com/t/allow-selling-of-covered-calls/30750/4 "2020-12-09T09:59:55Z")

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Why are you re-explaining what op said?

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**Author:** ![saifali](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/saifali/32/559_2.png) [@saifali](https://community.trading212.com/u/saifali)\
**Post date:** [December 9, 2020, 10:22am UTC](https://community.trading212.com/t/allow-selling-of-covered-calls/30750/5 "2020-12-09T10:22:08Z")

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I think the second paragraph is different if you read. But if I repeated something, apologies! 🙏🏻

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**Author:** ![Doklezahn](https://avatars.discourse-cdn.com/v4/letter/d/3d9bf3/32.png) [@Doklezahn](https://community.trading212.com/u/Doklezahn)\
**Post date:** [December 13, 2020, 7:57pm UTC](https://community.trading212.com/t/allow-selling-of-covered-calls/30750/6 "2020-12-13T19:57:24Z")

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I would love to see this feature

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**Author:** ![tonytony](https://avatars.discourse-cdn.com/v4/letter/t/8797f3/32.png) [@tonytony](https://community.trading212.com/u/tonytony)\
**Post date:** [January 14, 2021, 12:04am UTC](https://community.trading212.com/t/allow-selling-of-covered-calls/30750/7 "2021-01-14T00:04:34Z")

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It is something I would be interested in.