How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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

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To: Tony D. who wrote (4234)	8/30/1997 1:28:00 PM
From: Vol	of 14162

Tony, Why when you get called out do you pay the "regular $29"? Does PBS charge more if you get called out on a cc?? They don't mention it on their page on commission prices. I am thinking about PBS, since I now am with infamous E-Trade, and have had a few problems with them myself. Sometimes it takes several minutes to get a notification that your "market" order was executed. Once I watched an option price bounce in and out of my limit price, but received no confirmation of any trade. (While I sat and wondered if I had missed the limit price.) I had to call, wait 20 min, and was told by a broker that he "had NEVER seen this happen before." Luckily, the trade had gone through. I was notified by a message from E-Trade about 1 hour later. Gee, thanks, E-trade. -Vol

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