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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: JohnM who wrote (814)5/26/2001 9:19:51 PM
From: TShirtPrinter   of 5205
 
Greetings JohnM,

I think the words could and will are very important here.

You could be called out of a stock once it goes above the strike price you write. It appears the liklihood is most of the time the stock will be called at expiration.

I can think of a couple situations where you might be called out early, but it looks to me like we are not going to see that happening near term. More later.

Tony

PS The dummie disclaimer should stay cause one of is going to do something really stupid sooner or later <G>.
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