I own hundreds of shares in vairous companies. Using IAG hwere ihave 700 shares as an example i could be making money now off monthly options by writing one or two contract’s. with the market moving sideways and as i OWN the underlying stock if they go up i will profit until it hits the strike price as the share would belong to other party. only my profit is capped. likewise there is Zero risk to 212 because the contract is owned, the value of the share is 100% guaranteed by the owning of 100 shares 212 could charge a fee to write the contract as well and profit off it.