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


To: TShirtPrinter who wrote (3047)11/16/2001 7:54:25 PM
From: BDR  Read Replies (1) | Respond to of 5205
 
<<In other words, when does the actual buyer make the final decision whether to buy or let it slide?>>

Retail investors (you and me) have to notify their brokers within minutes of the close or else the brokerage will automatically exercise if the option is .75 or more ITM. The big boys have until sometime Saturday afternoon, I believe. Monday is too late for everyone.



To: TShirtPrinter who wrote (3047)11/16/2001 9:29:50 PM
From: Andrew N. Cothran  Read Replies (1) | Respond to of 5205
 
And they are PLAYS Tony! I do this instead of going to Las Vegas!!