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tdp2664 InvestorPlace Finding a legitimate covered-call candidate in this market isn't easy. The strategy is generally used to generate additional income for a stock position. An example of this is to buy stock and sell a call option against the stock position. Generating income from buying and holding stocks has been a challenge, but a good thing about a covered call is that it offers some downside protection as well, and in this market, an investor might just need some. The key is to find a stock with solid fundamentals behind it. Bed Bath and Beyond ( NASDAQ : BBBY ) looks like a nice candidate. Its first-quarter earnings were up 38% and had a 10% sales increase. The stock has had a couple of rough patches in the last couple of years, but it seems like it has always found a way to climb higher.
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