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

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To: Patrice Gigahurtz who wrote (5977)11/26/1997 11:02:00 AM
From: sergio  Read Replies (1) of 14162
 
Patrice...You haven't read the booklet by OIC that details all this?
You should read it before starting trading options. Luckily your
experience were not bad otherwise you would be complaining more. <g>

Yes there is a clearing house both at the exchange and then at your
brokerage's clearing firm. Supposedly excercise is random if orders
are not balance just what you just experienced (23%).

Sergio
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