Question: On average, would you expect to earn higher average returns from: (i) setting up a Covered Call position with a given stock; or (ii) holding

On average, would you expect to earn higher average returns from: (i) setting up a Covered Call position with a given stock; or (ii) holding the stock by itself. Assume that you do not have superior knowledge about the stock's near term expected performance. And, assume that the stock is a well-known stock on the S&P 500 with fairly-priced and widely-traded options. Circle the best of a), b), or c) below

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