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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Jon Khymn who wrote (4236)4/19/2004 8:41:49 AM
From: robert b furman  Read Replies (1) of 5205
 
HI all on this thread,

I've often lurked here for quite some time.

I sell puts in the hope of buying the underlyinf stock at a below market price.

I've been given some money,bought some stock at a good price and bought some stock at an above market price.

In all I'm happy with the overall "little help" options have given to me.

I have a question ,that is due to a lack of experience.

Friday's close went out on a stock I own called Cohu.

It has almost no option activity,but it closed right on the exercise price @ 17.50.

What happens to those cal or put holders?

I'm told there is an allocation,but I'm noyt sure as to the mechanics of the settlement.

Thanks in advance for any help/clarification.

I do enjoy the knowledge shared over this thread.

Bob
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