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: marbil who wrote (6001)	12/1/1997 9:54:00 PM
From: Bald Eagle	Read Replies (1) of 14162

<<i'm just a rookie at this , but i was under the impression that the 4th and 5th symbol was which exchange the option was being sold at.......>> The fourth symbol defines whether it is a put or a call and the fifth letter defines the strike price, based on predefined tables. As far as I know, anyway. The first three letters define the stock and it is not necessarily the same as the regular symbol. Please, experts illuminate us in our darkness.

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