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the seller of the call gets the money(always)as soon as they sell
out of the money options are usually not worth much
if you are selling them covered, small profit
if you sell them naked(without having the underlying stock) more money
but
very risky.
selling covered options "in the money" or near the money are what
institutions do&institutions usually make money.
good luck
rich t
Bush, Dean wrote:
> David and all Others:
> If an out-of-the-money call option is sold and its strike price is
> never reached, does the seller of the option keep the option premium,
> regardless?
> Thank you for your help!
> Dean
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