Highest returning protected covered call The stock price for luxury apparel and accessories company michaelKors(Nyse:Kors)Recently took a hit(As shown in the chart below)After fashion lifestyle and accessory product company fossil(Nasdaq:Fosl)Reduced its outlook. Fossil has a licensing agreement with michael kors for marketing michael kors' men's cheap michael kors and women's timepieces. In a previous article from may 3, 2012, and prior to fossil's haircut, a protected covered call for the fossil was considered in order to protect a long position in the company's stock.The fossil stock is down over 40%, but the protected covered call position michael kors satchels naomi outlined in the previous article is only down 5%.An article regarding fossil will be forthcoming, illustrating ho ... Read more »