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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Tricky Ricky who wrote (23062)4/17/1998 11:25:00 AM
From: ENOTS  Read Replies (1) | Respond to of 36349
 
As I understand, any option in the money, ie. even 1/64 will be called, if not by holder, or arbs, the CBOE will take it as they pay NO commission and make a small profit regardless!!!!!So if it closed above 20 it is GONE!!!!!



To: Tricky Ricky who wrote (23062)4/17/1998 12:27:00 PM
From: Chris Anderson  Respond to of 36349
 
Something interesting happened to me one time when I had some covered calls written on a stock I owned. QNTM, I think it was. The stock closed AT the strike price. I got a "partial" call. As I recall, I had calls written on all of my QNTM holding but only got called out of a portion of the stock. My broker could not explain it but simply called it a "partial" call. Interesting.........
Good luck PAIRasites!
Chris