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

To: BDR who wrote (3150)	12/18/2001 2:02:07 PM
From: BDR	Respond to of 5205

Follow up on prevous discussion about option expiration and exercise- I received the following email from my options broker, Mr. Stock: This is to remind you that it is option expiration week. Any December options you hold on Friday of this week will either expire worthless, be assigned to you, or will be automatically exercised on your behalf. Expiring long option positions that are 3/4 point or more in the money will automatically be exercised for you. If you wish to exercise positions less than 3/4 point, you must notify a Trade Desk Representative no later than 1:30 p.m. Pacific Standard Time on Friday.