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Strategies & Market Trends : Options
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To: DM who wrote (5411)3/22/2000 11:09:00 AM
From: jeremy eddy  Read Replies (4) of 8096
 
All,

While we're on the covered call topic I have a question. If I wrote 10 april 135 contracts for a premium of 10 and now i can buy them back for 6 what would be the correct verbage to get back my shares and pocket the premium difference. I want to buy them back and write a different strike price. This is just an example to help me understand.
Thanks for the help

Jeremy
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