Fri 11/27/2015 12:12 ET
S&P 5002090.962.090.10%BANKS24.560.040.16%OIL42.0398.772.35%Nikkei19865.4779.460.40%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Writing Options    For those interested in writing calls, puts, and spreads

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search
From: Stocktrader86 (Rep: 18)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?

Share This Post:

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.

What would you like to do? Message: Endorse | Bookmark | Report AbuseUser Stocktrader86: Reward | Watch | Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999-, Inc.