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Replies to #28 on Covered Calls
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rosen62

02/25/08 9:11 PM

#29 RE: Joe Stocks #28

Thank you, both!

Both replies really useful. My conclusion: if unwinding, better to unwind completely and not risk leaving money on the table (for large ITM runs). If slighlty in the money or ATM, leave it alone and get called or buy back the now inexpensive options and live to play another month/strike.

This reminds me I should have learned to play poker better.