Can anyone tell me how to write a covered call?

I hold 1000 shares of EDU.

Now, it seems like the premium of call option is very attractive.

My question is:

If I write a call option at 60 with expiration date in October, should I hold the cash positions till the expiration date?

If people want to exercise the option prior to the expiration date, can they do that?

many many thanks for your input.

所有跟帖： 

• I am as new as u are. Just my thought. may be 50% wrong -xyz100- ♂ (318 bytes) () 09/05/2007 postreply 12:13:32