I recently started looking at trading options and started with the time honored tradition of selling a covered call. What I don't understand now is what my trading platform (TD Ameritrade) balances are showing me. I sold 1 XYZ Apr 15 80 Call @ 1.00, but my transaction history shows: "Sold -1 XYZ Apr 15 2016 80.00 @1.00". The amount of the sale is a positive +89.22 in my ledger though I see a -89.22 against my cash funds. When I go look at my current holds I see I have 100 shares of XYZ along with a -1 XYZ Apr 15 2016 call. In short I can't make heads or tails of the entries or determine whether the premium was captured.
Option contracts typically each represent 100 shares. So the 1 call contract you sold to open (wrote) grants the buyer of that option the right to purchase your 100 shares for $80.00 per share any time before the option expiration date.
You were paid a gross amount of $100 (100 shares times $1.00 premium per share) for taking on the obligation to deliver should the option holder choose to exercise.
You received credit in your account of $89.22, which ought to be the $100 less any trading commission (~$10?) and miscellaneous fees (regulatory, exchange, etc.) per contract.
You did capture premium. However, your covered call write represents an open short position that, until either (a) the option expires worthless, or (b) is exercised, or (c) is bought back to close the position, will continue to show on your account as a liability.
Until the open position is somehow closed, the value of both the short option contract and long stock will continue to fluctuate. This is normal.