No. of Recommendations: 3
This is 25-year-old common in a taxable account, getting called isn't an option...
Well, the response from a sensible advisor would be not to write calls against that position. : )
If you fear you are in danger of having your call exercised against a holding with a large gain, why can't you buy a new lot and tell your broker to deliver this new lot. If it doesn't get exercised sell it after the call expires.
After a couple of times, I decided that the risk and fear was not worth the small amount of money that I got from selling a call was not worth it.
