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Non-Tech : The Critical Investing Workshop
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To: Voltaire who wrote (6268)3/7/2000 4:38:00 PM
From: donaldwd  Read Replies (1) of 35685
 
Hello All,

I'll introduce myself; I've been lurking for two months and have found the posts very informative. I am currently reading the manual but am getting as much of an education through this thread as with the book. I am grateful that the experienced GGers share their knowledge so freely and I hope to be able to contribute as I learn more.

Voltaire,

Regarding the Q 132 April Calls that the Beano's have written: What do they do if the stock shoots up 50 or 100 points in a day? Do they buy back the Calls immediately or wait until expiration day? If they buy them back immediately upon the rise, do they also immediately write new calls and for which month--the current one or go on to the next month?

Thanks for your help,

Donald
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