Loss to Profit, let's make your lost money back !

[IHUBfan]

Hi IPRE, sorry you were having a bad time on your vacation.
I was wondering why any one would do a covered call and limit the upside. Instead, if you buy a put along with the underlying stock, it would work as insurance and you can preserve your capital.
Thanks for the explanation.
Also how about buying a call and a put at the same time, without buying the underlying stock. Since both would be options and not obligations for you don't have to worry about having to buy the stock at a higher price if some one calls on you.