Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!


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To: Greg Peckton who wrote (14144)1/30/2004 8:52:23 AM
From: Bridge Player of 14162
 
Assuming:

that you own 100 shares of each stock for which you want to sell 1 call,
that the stock has options trading on it,
that it is the same account as the one in which you trade options,
that you have signed margin and option agreements,

then I think you need to take a firmer stand with your broker, and ask him to show you the company policy, or perhaps to speak with his manager, so as to better understand the policy.

If you are sure you are on solid ground and make it clear to him you know what you are talking about, IMO your broker will quickly back down.

If not, change brokers.
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