What is the risk of writing covered call?

Can someone please explain all the possible risk of writing covered call option?

When we write call option is because we think the price will go down or will not reach certain level.

But even if the price goes up above strike price ...so what ?

is this cash settled or we have to deliver the stock we have?

Similar threads

Broker Special Offers

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Are you a day trader?