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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: marcos1 who wrote (1002)6/11/2001 10:13:04 AM
From: Uncle Frank  Read Replies (1) of 5205
 
>> they deduct the premium from the net cost of the trade and left it in my cash balance.

I'm not sure I understand that, Marcos. If you write one contract against your 100 share holding of ABC for $1/share, your cash balance should increase by $100 minus the commission. Is that what you were saying?

duf
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