u/geloro

“Unlimited loss” in covered call - very confusing

I have exactly 100 shares of a stock that I want to sell a covered call on. Fidelity is saying “unlimited loss” - I assume this is normal, but I really want to be sure that the following statement is true:
“As long as I have 100 shares of the stock I want to sell a call on, the stock is not restricted in any way, and the stock is not part of another unfulfilled transaction; if I sell a call, it will be a covered call”

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u/geloro — 6 hours ago