Buy-Write

The term buy-write is used to describe an investment strategy in which the investor buys stocks and writes call options against the stock position. The writing of the call option provides extra income for an investor who is willing to forgo some upside potential.

Examples:
Nuveen S&P 500 Dynamic Overwrite Fund (SPXX)
Nuveen Dow 30 Dynamic Overwrite Fund (DIAX)
Eaton Vance Tax Managed Diversified Equity Fund (ETY)
Eaton Vance Tax Managed Buy Write Opportunities Fund (ETV)