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

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To: Victoria Walley who wrote (13529)1/31/2001 12:14:25 PM
From: TimF  Read Replies (1) of 14162
 
I'm missing something here... why would someone exercise a call that expired out of the money when they could have purchased the underlying for a lower price?

Maybe they could exercise on Saturday but could not buy the underlying on Sat. and they expected the stock to gap up on Monday.

Tim
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