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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject	12/5/2002 8:23:40 PM
From: prs_driver	Read Replies (1) of 5205

I'm trying to learn what will happen to my covered calls if a stock split takes place. lets say I wrote 1000 calls at a strike price of $5 for x dollars. Before the expiration date the company does a 1:10 reverse split. What effect will this have on either the strike price or the number of calls I wrote. Paul

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