Why is selling a covered call identical to selling a put?

[Profitaker]

Quote from srolle:

it isnt identical. you could get early exercised on your calls before a dividend.

If there is any time value remaining in the short Call option, you should welcome early exercise !

Quote from srolle:

you will obviously not get exercised on your puts before a dividend.

You'll most likely be assigned on a Put position on ex-div day. But as above, if there's any time value remaining look at it as a gift.

 

[stock777]

Quote from riskarb:

I always sell a put on the rare-occurence I intend to buy stock as an investment over trading. Why not reduce your cost basis on a long-term investment? In any event, the synthetic[p/c parity] dictates they're fungible.

Because you run the risk of the stock getting away from you faster than the put premium compensates you.

And if a master of the arts such as yourself is going long , the stock will probably double within a week.