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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (14350)1/15/1999 5:19:00 PM
From: LindyBill  Read Replies (5) | Respond to of 74651
 
My God, what happened? up 8, and Cisco up 5! Great day!



To: Sonki who wrote (14350)1/15/1999 5:36:00 PM
From: Judy  Read Replies (1) | Respond to of 74651
 
sonki, today is expiry, the options will be executed tomorrow and they will call you Monday to let you know that your shares were called away. Once in a very blue moon, the owner of the option contracts decides not to exercise if they are only slight in the money.

Went long CSCO and INTC and AMAT calls again.



To: Sonki who wrote (14350)1/15/1999 6:06:00 PM
From: Ibexx  Read Replies (1) | Respond to of 74651
 
Sonki,

The first trading day after option expiry, your broker will notice you if your covered calls have been "called".

Ibexx

PS: Your LEAPS have long ceased to be LEAPS if they expire this weekend. <g> Nothing major, just a conceptual thing.


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