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

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To: SPSEIFERT who wrote (13483)1/13/2001 12:16:48 PM
From: Herm  Read Replies (1) of 14162
 
It is always to your advantage to allow a sold option to expire worthless. UNLESS there is so much time remaining on the CCs and the stock is moving faster than predicted. In that case you would need to cover fast and then roll upward/downward depending if you are leveraging or hedging in your position.
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