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Forum - Writing Options    For those interested in writing calls, puts, and spreads

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From: Stocktrader86 (Rep: 9)Date: 11/26/2012 13:10
Forum: Writing Options - Msg #716Thread #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?



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