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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 (9876)3/5/1999 9:14:00 AM
From: Vegas   of 14162
 
Hi Herm,

I am not sure I am following you...

You did not mention your net cost so it is hard to determine your best recourse. The time factor is your strike price plus the amount collected before you start losing money.

My Nut is $11.25 so being called out at $12.50 is not a loss.

My strike plus CC premie is $12.50 + $2.06 = $14.56. So as long as it stays under that amount I am not forced into any action and can ride out the next two weeks covering on expry day? Makes sense...

Thanks
JF
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