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: Vol who wrote (4235)	8/30/1997 9:33:00 PM
From: Tony D.	of 14162

I do not know, because I have never been called out doing ccs. My VVUS holdings are at Waterhouse.Waterhouse told me that if my covered call was called, I would just pay their normal commission of $49 for the trade. I am doing much more trading at Pacific with options. The commission is only $15 per trade. Waterhouse has a floating scale. If you make the switch to Pacific, I think you will see a world of difference. Their only draw back is when you call the 800 No. to speak to a broker. The average wait time is about 5 min. Tony D.

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