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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: Carl Fritch who wrote (793)3/28/1998 7:56:00 PM
From: Tony  Read Replies (2) of 2241
 
Thank you Carl for responding to my questions. I hope you or anyone else don't mind answering a few more! The first one relates to your answer to my previous question about getting "called out" resulting in another premium charge--

1. Regarding the commission for selling the called out stock, would it carry the option commission or the normal commission for selling/buying stock?

2.If I write a call option and the stock exceeds the strike price after one week with 2 weeks left before expiration, and assuming the option is exercised, will I be notified of the assignment immediately, or at expiration.

thanks
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