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Pastimes : Ask Mohan about the Market

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To: Orhan Birol who wrote (12361)12/25/1997 2:41:00 PM
From: geewiz  Read Replies (1) of 18056
 
Orhan,

Getting called for a call option in the money before expiration is something that I had the fortune not to experience yet. Is it the option of the call buyer to call the shares anytime they are in the money? I trade my covered calls often, selling at the money on a price spike and buying back at 50-70% as soon as possible. Always wondered if I'd get called away on some big merger news sending the price up big time? Thanks in advance!

Mohan - have a safe and good vacation and hurry back with your thoughts for us bears!

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