If you already own 100 shares
Income call
For income on HOOD you already hold: sell the Sep 25 $134 call and take $76 now. If HOOD climbs to $134 by Sep 25, your 100 shares are sold at $134, so only do it if you're happy selling there.
If it climbs past $134 your 100 shares are sold at $134 and you keep the $76. That is the trade working, not a loss.
The call order
ActionSell to open
ContractHOOD Sep 25 $134 call
You get$76 (limit about $0.76)
If it climbsYour 100 shares sell at $134
Close earlyBuy back at about $0.08 ($8)
Chance your shares are soldabout 16 in 100
After removing the trend-39% a year