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

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To: Jpres who wrote (6475)	1/16/1998 11:10:00 PM
From: Hunt	of 14162

John, Expiration day in reality is saturday, The options clearing house will assign to the different brokerage houses which options and how many will be assigned. On tuesday, those brokerage houses will assign to their clients the options that are attached to them. I am with Schwab, they let me know usually between 7 and 10 Pacific Time what has happened to my options. Tuesday's price has nothing to do with whether or not you were exercised.

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