The account has made the decision to keep the stock and sell another call. The stock stayed within profitable parameters. There are calls two months out that are currently profitable. The drop in the cost basis for the stock will now allow for a greater profit overall. The prospects of upcoming products has the account feeling the stock has upside potential.
Upcoming events for the call account:
- Which call was sold
- Description of previous trade
- upcoming capital infusion dates
- As always, I do not fully divulge information on companies that have trades open. This is to protect the trade. When the trade on a particular stock ends, I will give out the rest of the details (stock name, price purchased, call purchased, news on company/ETF, chart info) that sort of thing. Please feel free to ask questions and I will answer them the best I can without endangering the trade.