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


To: Dominick who wrote (3275)1/17/2002 2:23:05 PM
From: Uncle Frank  Read Replies (1) | Respond to of 5205
 
>> Would that be because the repair strategies could become quite involved by not owing the stock?

No, because of the higher downside potential of the LEAPS versus the stock. I haven't thought through the repair strategies. What do you do if your short call gets exercised? Does that mean you need to exercise your long LEAPS to get the stock to surrender?

duf