A protected covered call or collar search performed using PowerOptions tools, seeking to find the highest returning position for companies with a maximum potential loss of 8% and a stock price in an uptrend, produced digital video content provider Netflix (NFLX) as shown below: Sign up now for PowerOptions 14-day free trial On the trail of Netflix were software company TIBCO Software (TIBX), mining and natural resources company Cliffs Natural Resources (CLF), application delivery networking company F5 Networks (FFIV) discussed in this article and cyber security company Sourcefire (FIRE). A protected covered call may be entered by selling a call option against a purchased or existing stock and using some of the proceeds from selling the call option to purchase a protective put option. The Netflix protected covered call has a potential return of 4.2% (33% annualized) and a maximum potential loss of 7.8%, so even if the price of...