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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: Henry who wrote ()6/15/1999 2:39:00 PM
From: Howard Clark  Read Replies (1) of 2241
 
Newbie questions for anyone on covered calls:

How often does the holder of an in-the-money call exercise before the expiration date? Why would anyone do this?

If you sold calls out of the money that have since gone in the money at what point should you buy the call back to cut your losses (or should you)?
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