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: Senator949 who wrote (8827)	10/14/1998 9:58:00 AM
From: Joseph Francis Torti	of 14162

Hi, I just made my first covered call buy, I sold november 60 for 5.00. Waterhouse put 471.00 im my margin account which is premium minus commission. Now my question is why does it show 1,457.75 the next day. I thought it stayed at 471.00 until it gets called or I buy it back. joe

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