### Comment:
Covered calls are just synthetic short puts and short puts have a lower volatility of risk, eh?  Why even buy the stock?   
  
 Dividend capturing?  That's a shitton of capital to leave sitting in each position.   Or are we talking IRA?

### REPLY:
You gotta put the capital somewhere though, especially when you have a lot of it. In this low rate environment, well selected dividend stocks can be an appealing spot to park cash. And you can borrow against the equity, so though your capital is tied up, your buying power is just a little reduced.

### END.