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


To: shotz who wrote (3098)12/4/2001 4:23:11 PM
From: TShirtPrinter  Respond to of 5205
 
Greetings Shotz,

There's much smarter folks here than me, but anything more than just a couple of pennies at expiration appears to be a gonner. You'll surely get called if a couple of bucks is the spread.
The question is, will they get called prior to expiration? Maybe, more likely not till after Dec 21, 2001.

Good luck,

Tony



To: shotz who wrote (3098)12/5/2001 8:18:40 AM
From: David Weis  Read Replies (1) | Respond to of 5205
 
Greetings Steve.

If your covered calls are that much in the money at expiration, they will be called!!!!

I've had covered calls be in the money by as little as a dime and get called.

David