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To: Dealer who wrote (11931)4/10/2000 9:09:00 AM
From: Dutch  Read Replies (2) | Respond to of 35685
 
Question about getting called on CC's. I have had differing opinions, but here goes. Ex. ELON April 55's with a 19% premium, on expiry will at what point will they be called? 55,60,61 etc.? I know there is no exact science, however greedy me would like to keep the stock and premium if possible.

I've written calls on CREE 170's, PMCS 190's, VTSS 90's and ELON 55's. My premiums have totaled about 15K and as we speak I am at break water on on all except CREE. This my first month venturing into V's theory, just trying to get a handle on what to expect.

Any comments would be appreciated.

tia Dutch