anyone else that DID NOT get their $7 calls taken away on Friday ?? I DID NOT have mine called away and was just curious if ANYONE else had the same thing happen. It DID close over $7---NO--I am NOT
complaining just curious??!!
It is rare. That is why I was surprised. That was back before discount commissions and it was expensive to sell. I wanted to keep the stock and continue selling covered Calls. These days, being exercised isn't so expensive.
Congrats!!! You rolled the dice and won.
For various reasons, slightly in the money calls are sometimes not exercised, and (respectfully) contrary to Wiley, sometimes they are.
Hope to hear from you again next month with the same scenario. CC's on DRYS seem to be a money printing press. We might not make a killing....but 6%-9% a month ain't bad.