If you already own 100 shares
Income call
For income on EHC you already hold: sell the Oct 16 $135 call and take $55 now. If EHC climbs to $135 by Oct 16, your 100 shares are sold at $135, so only do it if you're happy selling there.
If it climbs past $135 your 100 shares are sold at $135 and you keep the $55. That is the trade working, not a loss.
The call order
ActionSell to open
ContractEHC Oct 16 $135 call
You get$55 (limit about $0.55)
If it climbsYour 100 shares sell at $135
Chance your shares are soldabout 13 in 100
After removing the trend-14% a year