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Strategies & Market Trends : Ride the Tiger with CD
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To: Canuck Dave who wrote (201285)7/21/2011 4:08:29 PM
From: Land Shark   of 313075
 
Called away is when the option you've written expires in the money and you're forced to sell the stock at the call option strike price. It's not a bad situation, you pocket the 8.5% in that case. The undesirable case is where the stock tanks more than 8.5%. I'm sure you knew this though.
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