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To: Scott Stents who wrote (31100)	1/20/1998 10:22:00 AM
From: George Coyne	Respond to of 61433

Scott, I've always understood that there was never a hard and fast rule about "call-aways" (realizing that others on the thread have understood otherwise). Many people simply let their options expire because they feel the residual premium will only cover the commissions. If anyone has a more global view of this process, please jump in. G. W. Coyne

To: Scott Stents who wrote (31100)	1/20/1998 11:40:00 AM
From: username	Read Replies (3) \| Respond to of 61433

Re: covered calls called away [My provider has been down since yesterday; then this a.m. on then off, etc. I feel like the time I wuz tryin' ta watch the Red Sox through the fence. Something big happening, but I couldn't get in on it. AARRGGHH!] I've been called away 2 months early when a biotech had an announcement, I've been called away 2 bucks UNDER the strike. The CBOE runs it kinda like a "lottery" on who gets exercised so they don't take everything from one source. If ya bought the call and ya wanna excercise it, that's your right, whenever you want, no matter where the underlying stock is. Hopin' I don't get cut off again, I remai