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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: David Weis who wrote (3100)12/6/2001 3:50:20 PM
From: Andrew N. Cothran  Read Replies (1) of 5205
 
And I have had covered calls in the money by .06 cents and they were called.

Incidentally, open interest in the December QCOM 60's is now almost 29,000 contracts. My experience is that the price of the stock usually moves to or just below the strike price with the greatest open interest. If this holds true, then the Dec 60's will close either worthless or nearly worthless.
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