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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: George the Greek who wrote (13452)	12/7/2000 12:56:35 PM
From: George the Greek	Read Replies (1) \| Respond to of 14162

Need to learn. Could you folks please suggest a reading list (primers, web, or textbooks) which you feel are the best? At your option, of course. :-) Thanks, George

To: George the Greek who wrote (13452)	12/7/2000 2:04:12 PM
From: Bill Larsen	Read Replies (1) \| Respond to of 14162

George, If my shares are called, do I pay a commission? From callsandputs.com Commissions - Check with your broker about commissions charged when purchasing stock as well as writing covered calls. You will be charged commissions for purchasing stock, selling the CC and selling your stock if the call option you have sold is called out (exercised). from CBOE web site (FAQ). If I am long: What happens to my option if I do nothing? If you bought a call or put you would lose the premium you paid for the option plus whatever costs you incurred on that transaction. If you sold a call or a put and your option is in-the-money you will most likely be assigned and you will have to sell or buy stock. The CBOE has a good education center. cboe.com -Bill

To: George the Greek who wrote (13452)	12/8/2000 4:10:27 PM
From: Herm	Respond to of 14162

Welcome to the forum George! The other folks answered your questions quite well. You may want to start building up your reference library. Here is a tip on you can save some money if you do. Here is a post on books...http://www.siliconinvestor.com/readmsg.aspx?msgid=13901... And, like I have said before, anyone is also welcome to grab any freebies off my web site as well. leapspreadswins.com Consider signing up for the free newsletter at coveredcalls.com which has a circulation world wide.