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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (290)4/26/2001 10:20:49 PM
From: BDR  Read Replies (1) | Respond to of 5205
 
Frank-

I believe you hold or have held QQQ in your portfolio. Have you written covered calls against that position? If so, aren't the options cash settled index options? What do you do if you are in the money as expiration closes? That is, are the QQQs called away or do you have to settle for cash?


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