You are 100% clueless about covered calls. The premium you collect in most cases will be lower than the gain of being long the stock - so no you will not be rich if 100% of your CC's are exercised. If the stock plunges you are in for the ride down - if the stock rises you are out.
And you (in this instance) are 100% clueless on how to read a hypothetical (fantasy) post in its context. I know from what you have written you need know education on basic options so I will not explain the maths of how a positive plus a positive equals a bigger positive. I was critiquing the lack of knowledge of the threads originator... On your points: 1. I never said 100% excercise made you richer than holding stock, just if you had that improbable scenario I would be rich (all relative). From an education perspective why sell a CC on high flyer unless you want to be taken out. Stock selection is key for CC. 2. If 100% of CC are exercised you never face this (fantasy), but this is the wish of all buy-write players.