Write a Covered Call

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Portfolio Pat A. Jones
Account Number VBS Indiv Acct. 1 - 44VXXXXXX
Transaction Type Sell to Open
Underlying Security XYZ Corp. (NYSE: XYZ)
Option Name XYZ-KH NOV 40 Call
Quantity 10 Contracts
Order Type Limit Limit Price $8.00
Duration Day
Account Type Cash
Industry regulations require securities to be delivered on the settlement date. VBS reserves the right to reject your order request if sufficient assets are not available in your account. You are liable for covering all transactions placed in this account. If you choose to exchange Vanguard funds into your linked money market account, you must complete the transaction no later than the business BEFORE the settlement date. For market orders, you should consider price volatility when determining whether you will have sufficient assets to pay for your purchase.
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