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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: KFE who wrote (12857)	5/30/2000 12:46:00 AM
From: James F. Hopkins	Respond to of 14162

Kef; I see your the expert so I'm not going to argue the point , but my selling the long side "is not a violation" nor does it run my broker in excess on the short side. In the rare event it did they have the right to call my borrowed shares "buy me in" at any time they feel they need to. ( and don't even have to ask me first ). Fact is they pay a small fee to rent so many shares and there are BIG mutual funds who do the renting on a regular basis. My getting shares to short depends more on that pool than what I own. In fact I can be long and still not be able to borrow my own shares as they are not even looking at that pool. Jim