Which of the Following Statements Is INCORRECT About Covered Call

Which of the following statements is INCORRECT about covered call writing?

A) Covered call writing is known as a buy-write if one simultaneously buys the stock and sells the call,but it's an overwrite if one sells the call after purchasing the share.
B) The Chicago Board Options Exchange's S&P 500 BuyWrite Index (BXM) is a benchmark for measuring the performance of covered call writing strategies.
C) Covered call writing is considered a speculative strategy whose objective is to beat the market.
D) Covered call writing is considered a hedge strategy.
E) Many traders write covered calls to generate extra income.