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To: DoggieDude who wrote (58167)8/14/1998 7:39:00 AM
From: tsyl  Read Replies (1) | Respond to of 176387
 
Re: covered calls..

when selling covered calls and a negative event such as you have described occurs, cant you buy back the calls youve written to close the transaction.

ie you sold to open the covered position, you could then buy to close the position before the expiration date and stop the bleeding.