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From another "licensed" entity selling a covered call strategy...

Also referred to as 'Share Renting', the Covered Call strategy has become one of the most popular strategies for share investors.

Managed effectively, the smart investor can 'enhance' their returns no matter what direction the markets are trading. In fact, if you own shares and are not adopting the Covered Call strategy, then you are effectively missing out on 'rent' you could be receiving for shares that you own.

ASIC obviously can't even police entities they license, let alone those they don't...