Covered call and put options as separate trades
Yes, if the call expires worthless, leaving you with stock. Then you can exercise your put when the stock goes below put strike price.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
Covered call and put options as separate trades

### Response:
Yes, if the call expires worthless, leaving you with stock. Then you can exercise your put when the stock goes below put strike price.