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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (5037)1/17/2010 11:00:28 AM
From: MJ   of 5205
 
Thanks for your response, the non-standard calls were tied to the price of XM at the time of the merger and were equal to about 4.5 calls of the new Siri/XM.

The current calls, standard, are based on the current price of the new company SIRI.

The NS calls expired this month. That now leaves all of the calls based on the current or future value of SIRI-----1 call per 100-----------that is unless once again new Non Standard Calls are created for some reason or purpose.
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