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: Herm who wrote (7745)	6/24/1998 6:53:00 PM
From: Clean	Read Replies (1) of 14162

funny thing, I bought the book two days ago...excellent. Although I "still" have a dumb question: If you sold a covered call on XYZ with a stock price of say 50 and the underlying price was 48 and the stock soared to say 55, you would be obligated to sell the stock for 50 (it's called away). question is, assuming you do nothing, when would that happen?

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