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Strategies & Market Trends : Tech Stock Options
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To: jimleon who wrote (58564)1/21/2000 7:03:00 PM
From: Bridge Player   of 58727
 
I would say that the probabilities are, yes, they will be exercised. But when the close is 1/4 from the strike, anything can happen. And don't assume that you will be able to find out for sure on Monday.

I can recall many years ago having some covered calls on Black and Decker at 17 1/2. The stock closed on Friday at 17 9/16. I was told on Monday by the broker that it was not called away. Lo and behold on Wednesday I found out that it had been called. Of course, by then the stock was higher. But then I don't indulge much in conspiracy theories........<g>

BP
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