How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herman J. Matos who wrote ()	2/11/2000 9:16:00 PM
From: cajman	Read Replies (1) of 14162

I want to start writing calls for Tyco. I own it. I havent sold options before. And I dont know which strike price to offer it at. Any suggestions? I like to keep but i dont mind selling it if it goes over 40. Should that be my strike price? If by expiration It trades above the strike prices will I assume that the right will automatically be exercised and tyc is remove from account? Dave.

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