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: Patrice Gigahurtz who wrote (5955)	11/24/1997 7:13:00 AM
From: Ray Jahn	of 14162

It's my understanding that if the stock trades higher than the strike price anytime during the Friday before expiration (actually expires on Sat.) then you will most likely get called out. I was in the same situation once in WND the stock actually closed slightly under the strike price on Friday but was at least 1/2 point over strike price that morning. I was called out. Good Luck.

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