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

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To: David Beckett who wrote (5970)11/25/1997 10:21:00 AM
From: Patrice Gigahurtz  Read Replies (2) of 14162
 
David/helm, Your not going to believe this; after being told friday that I wasn't called away (via CCs) I was told yesterday I was called away. Now this morning I'm told that just 23% of my stock was called away and I'm really confused as to why this can't be determined sooner since the options expired sat ?

Get this. The only reason I found out about the above situation was after I asked whats my avail cash and the figures didn't add up. So then they figure out that I still own 77% of my stock that I sold yesterday via CCs ! Now I'm gonna write more covered calls on that remaining 77% chunk (Dec10 calls).
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