How To Write Covered Calls - An Ongoing Real Case Study! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FruJu who wrote (7311)	4/18/1998 11:42:00 AM
From: Douglas Webb	Read Replies (1) of 14162

How far are they in the money? Most brokers will exercise calls if they're more than 1/4 in the money; I suspect the same is true of puts. The idea here is that it's generally better for you to exercise than let them expire, so the brokers will do it automatically to prevent you from sueing them if you forget to do it yourself. Of course, they also say that they're not responsible for the exercise, so you can't sue them if they don't exercise, either. It's all in your option agreement. Doug.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next