[chollida1]

And the problem with yoru line of thinking is that at the moment you write a call you are stating the time at which you may be selling the stock.

if you didn't write the call you could sell at any time, but you did write the call so you set the time at which you sell.

if the stock goes up alot then you end up losing alot of the upside.

[ivanche]

If you think the stock will go up from $100 to $200, don't sell covered call. Nobody forces you to. But if you have sold it, it means you didn't believe stock would go that much up.

If one sells a covered call but is not ready to sell the stock at that price, that's one's problem, not "covered call is a bad strategy" problem.