Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: jjs_ynot who wrote (47035)	4/20/2000 3:11:00 PM
From: Richard James	Read Replies (1) of 94695

Dave/Anyone: I sold some April covered calls, some are 2 in the money and some are just at or a steenth in the money. Dumb newbie questions. When may they be exercised at the latest? I don't believe any markets are open tomorrow, CBOE is not. Is exercise different than trading and may my shares be called away even after the close of today's trading. That is on Friday or Saturday. Also, how should I expect my broker, E*Trade, to notify me of exercise? I would receive e-mail almost instantaneously on filling a stock trade. Thanks.

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