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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Douglas Webb who wrote (7312)	4/19/1998 4:58:00 PM
From: FruJu	Respond to of 14162

Thanks Doug... They were IOM APR 7.5 PUTs bought @ 3/8, and IOM closed at 7 1/16 on Friday (so they're 7/16 in the money). I presumed they'd be exercised, but since this is the first time I've run into this situation, I'll call on Monday and just ensure that it happens as expected. (As a side note, I was rather pissed off because I tried to sell them early in the day for 5/8, and my broker's online order system kept showing them as being for sale at that, but not executing, and when I finally called them up, they said they showed no orders in their system - so I lost about 1/8 per option on the deal!!) Evan.