|Forum - Writing Options
||For those interested in writing calls, puts, and spreads|
|From: Stocktrader86 (Rep: 18)||Date: 11/26/2012 13:10|
|Forum: Writing Options - Msg #716||Thread #673478414 (Rec: 0) |
|Covered Call Exercise Question|
Okay - so lets say I own exelon stock 700 shares and want to do a covered call at 31 or 30... and I sell 7 calls at 30 or 31 strike...
If the stock crosses 30 do I get settled and lose my shares and collect the premium then or does that ONLY happen at expiry?
The messages I post are not investment advice nor solicitation. I am not a registered investment advisor/broker dealer. All of my ponderings and ideas are opinions intended for informational purposes only and I am not reliable for any potential damages that may be incurred from reliance on this information. I do not guarantee the accuracy or completeness of anything I post. I may buy, sell, or short any securities/options that I mention at anytime, even prior to posting,with no warning. Market participants should perform their own in-depth research before investing in any security/derivative at anytime and not base any decisions on my personal postings or by others. Every market participant should assume full (100%) responsibility for their own investing as it is their own money they are risking in the markets.
TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.