Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Herm who wrote (7745)	6/24/1998 9:23:00 AM
From: Mr.24K	Respond to of 14162

Herm, Thanks for the info. I will pick up the book and start "learning how to fish". Regards, Ray

To: Herm who wrote (7745)	6/24/1998 2:32:00 PM
From: Cesare J Marini	Read Replies (1) \| Respond to of 14162

Herm, How do you feel about Cisco's price action over the last few days? I've looked at the TA charts and I'm wondering if buying some Aug 80 puts is in order. But that rocket seems to keep on climbing. Joe

To: Herm who wrote (7745)	6/24/1998 6:53:00 PM
From: Clean	Read Replies (1) \| Respond to of 14162

funny thing, I bought the book two days ago...excellent. Although I "still" have a dumb question: If you sold a covered call on XYZ with a stock price of say 50 and the underlying price was 48 and the stock soared to say 55, you would be obligated to sell the stock for 50 (it's called away). question is, assuming you do nothing, when would that happen?