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Technology Stocks : USRX

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To: Janice Shell who wrote (17012)3/27/1997 8:26:00 PM
From: Eric Prigge   of 18024
 
Janice,

Nope, that won't be necessary, I think I actually understand OI. (That and the fact I don't want to be bitten by any mad dogs... <G>)

Couple of questions:

1) If you write a CC that is in the money, lets say a April 55 USRX cc, what are the rough chances of being assigned before expiry? I would imaging that the chances rise dramatically the deeper in money it goes but for the sake of argument, let's say it stays at ~$59 or so.

2) Does one pay any commssions or costs if assigned?

3) Does it ever happen that in the money CCs are NOT assigned come expiry?

Thanks,
Eric

PS Now, if I sell a cc but two guys buy it through OCC and one of them has a naked put then the OI is -2 right? ;-)
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