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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: MeDroogies who wrote (11237)6/21/1999 5:23:00 PM
From: Arv  Read Replies (1) | Respond to of 19080
 
OT question
I'd sold some orcl covered calls...jun 30s actually. No suprise that I got called. Thing is I got called today and that too after the market had been open for well over an hour. (Over the weekend, my stock was still in my account.) Is this acceptable? I thought the stock should;ve been called by Saturday...The way my transaction occurred, the broker had ample opportunity to see how the stock opened today and then sell my stock...exposing me to the risk if the stock opened at say 25 (just hypothetical, of course.)