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Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (1287)1/7/1999 12:22:00 PM
From: Amir Feinsilber  Read Replies (1) | Respond to of 1999
 
I have a general investing question--- If you write a covered call and later buy back the option to close the open transaction, do you still get to keep the proceeds from the initial sale or must you wait until expiration to get the $$$. Thanks!

-Amir



To: JakeStraw who wrote (1287)1/7/1999 2:12:00 PM
From: Paul Shread  Read Replies (1) | Respond to of 1999
 
Yuck. Profit taking. Maybe we'll get a late-day run. Huge volume - 7.5 million and counting. Think that guy who bought those options cashed out with a 1,000% gain? I'll bet he cleared $500K.


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