An option strategy involving the sale of covered call options at incrementally rising exercise prices so that as the price of the underlying stock rises and the options are exercised , the seller receives a higher average price than the original exercise price .
GRADUATED CALL WRITING
Meaning of GRADUATED CALL WRITING in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012