If you already own 100 shares
Income call
For income on POOL you already hold: sell the Oct 16 $190 call and take $108 now. If POOL climbs to $190 by Oct 16, your 100 shares are sold at $190, so only do it if you're happy selling there.
If it climbs past $190 your 100 shares are sold at $190 and you keep the $108. That is the trade working, not a loss.
The call order
ActionSell to open
ContractPOOL Oct 16 $190 call
You get$108 (limit about $1.08)
If it climbsYour 100 shares sell at $190
Chance your shares are soldabout 13 in 100
After removing the trend-9% a year