The price of the stock can be significantly higher than when the call was originally sold. It is important to understand that the strategy for naked call writing does not involve ownership of the underlying stock (a strategy known as covered callanbsp;...
|Title||:||Rattiner's Review for the CFP(R) Certification Examination, Fast Track Study Guide|
|Author||:||Jeffrey H. Rattiner|
|Publisher||:||John Wiley & Sons - 2003-08-19|