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

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To: Cesare J Marini who wrote (10045)	3/23/1999 3:32:00 PM
From: NateC	Read Replies (1) of 14162

"It depends on your broker. I called Schwab this morning to ask the very same question, and they told me that if I had both the equity and a LEAP position, they'd deliver the stock first and leave the LEAP untouched. right Joe.....that's reassuring. I'm just trying to see what they do if the LEAP is the only underlying, and they have to cover from the LEAP.

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