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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject7/4/2001 10:58:24 PM
From: Eric Berry  Read Replies (2) of 5205
 
Hi,

I'm just starting to dabble in options a little, and had a few questions.....

First, I wrote a CSCO JUL 20 @.65 - my only covered call position at this point. Like I said, I'm just starting to dabble :)

Questions:

1. Specifically, how can I roll an option forward, if I want?
2. TD Waterhouse says they charge a $45 fee for an 'Option Assignment'. What is that??
3. How can I get out of a covered call position?

Was also looking at maybe some GX Aug 10's, or some VIGN Aug 10's. Opinions, and advice wanted....

Thanks!!

Eric
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