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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (2272)5/18/1997 3:26:00 PM
From: KELLIS   of 14162
 
Herm,

Thanks for the response. I own a little ROST and was curious about your latest opinions on it.

To All:

I just got called out of Money Store (MONE) on my first covered call play. I have a couple questions regarding the "call out". I had previously sold the May 22 1/2 calls at 1. Today I see on my electronic brokerage account that I was called out of the stock at 23 1/2 instead of 22 1/2 and that the calls I profited on from selling were the May 25's at 15/16. What happened and why?

Any responses would be appreciated.

Kellis
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