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To: Jimbo who wrote (2632)2/9/2000 9:42:00 PM
From: SecularBull  Respond to of 8096
 
You can get called out prior to expiration when you right covered calls. As I understand it, there is sort of a lottery, and if your number comes up when somebody's exercising, you're called.

I think that the best way to avoid this is to sell near a high in the stock, with a shorter window until expiration, and OTM.

LoF



To: Jimbo who wrote (2632)2/9/2000 9:42:00 PM
From: SecularBull  Respond to of 8096
 
Oops, another double post.

LoF


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