If you already own 100 shares
Income call
For income on QCOM you already hold: sell the Sep 25 $205 call and take $100 now. If QCOM climbs to $205 by Sep 25, your 100 shares are sold at $205, so only do it if you're happy selling there.
If it climbs past $205 your 100 shares are sold at $205 and you keep the $100. That is the trade working, not a loss.
The call order
ActionSell to open
ContractQCOM Sep 25 $205 call
You get$100 (limit about $1.00)
If it climbsYour 100 shares sell at $205
Close earlyBuy back at about $0.70 ($70)
Chance your shares are soldabout 14 in 100
After removing the trend-9% a year