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Technology Stocks : WDC/Sandisk Corporation
WDC 174.98+5.2%3:59 PM EST

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To: rll who wrote (6634)8/16/1999 6:33:00 PM
From: Art Bechhoefer  Read Replies (1) of 60323
 
There's nothing to force the call writer to maintain the position until expiration. If the stock falls early on, well in advance of expiration, the call writer can simply close the position, freeing up the shares used to cover the sale. With a volatile stock, it is often better to take the money and run when selling coverd calls.
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