Charles Schwab misleading (ie. straight out lying) about Covered Call trading?

Is the brokerage firm Charles Schwab misleading (ie. straight out lying) about Covered Call trading:

I think this is total BS what that brokerage firm writes above, isn't it?

 

A better question is why do you think it is BS?

 

Read the last sentence and verify whether it's true. If stock declines then the position goes towards total loss. But the text says different.

 

If you mean this:

Then this is correct. If you are short call options and it expires below your strike, those options are worthless.

 

Oh come on man, since when!? Take a look at this (a screenshot of it is attached too below):
https://optioncreator.com/stmfgrr

 

Your mistake is you need to buy 100 stock, but you are buying 1.

 

Man that's for sure not the reason. I'll shortly update the qty and the relation will stay the same.

 

That's for sure the reason.

 

Take an exact look to qty=100. The relation is the same to qty=1. This is elementary maths.

 

What happened to the screenshot I was promised