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Friday, November 20, 2009

final day and new capital

Hey everyone

Today is the last day for the November call the account sold. It will most certainly (barring shocking positive news) expire at the end of the day. The question for the account now is to keep the stock and find another call to sell within the stock or sell the stock and find another one with a greater opportunity to make a profit. The research is going on and will continue until a decision can be made. The account will keep the stock until another can be found. Research will be done using Optionsxpress, Yahoo Finance, and various news sites such as cnbc, and Bloomberg.

The account has also added new capital to the account. This should push up the prices available to trade.

- As always, the account does not fully divulge information on companies that have open trades. This is to protect the trade. When the trade on a particular stock ends, the account 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 the account will answer them the best way possible can without endangering the trade. If you have any info regarding call selling, be sure to comment or send an email.

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