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Buy-Write

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Buy-Write
A strategy consisting of buying stocks and writing covered call options on them to generate maximum current income from option premiums and dividends.

Notes:
If the call is exercised, the investor may have to sell the stock at below market price. But because they already own the stock, the risk is limited. This is also known as a covered call.


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? Mentioned in ? References in periodicals archive
 
BOSTON -- Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) (the "Fund"), a closed-end management investment company, today declared a quarterly distribution of $0.
BOSTON -- At a meeting held today, the Board of Trustees of each of Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB); Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV); and Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW), each a diversified closed-end investment company, voted to hold the Annual Meeting of Shareholders on Friday, April 27, 2007 at 1:30 P.
BOSTON -- Eaton Vance Tax Managed Buy-Write Income Fund (NYSE: ETB) (The "Fund"), a diversified closed-end investment company, today announced the earnings of the Fund for the three and nine-months period ended September 30, 2006.
 
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