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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: imdchamps who wrote (13355)	10/20/2000 11:06:52 PM
From: JEFFLUST@AOL.COM	Read Replies (1) \| Respond to of 14162

I am new to this board but I have been writing covered calls for a long time. The covered calls saved me in this crazy mkt. But I do have a question about covered calls that get away from me...example: FNM is a safe stock that moves very slowly...until the last month....then exploded. I did not buy back the calls. I just let them run..and as the stock shot up the calls followed. This happens from time to time with other stocks. AVCT is another....stock moved rapidly..and I was asleep at the switch. Any thoughts on what to do as we near expiration dates when the covered call is deep in the money? Thanks for your help...Jeff