The account added more capital to the account this past weekend. If the account decides to sell the current stock, the combined amount will allow the account to be ready to get into a higher priced stock. This will allow the account to find stocks that have a higher premium and therefor increase the revenue.
The stock is still below the strike price. This should be an active week as the stock is supposed to release their quarterly earnings today after the bell. The main factor in this report is the amount of cash available for the company. The stock is actually lower than the cash value of the last quarterly report. Any amount with the same amount of cash will provide a bump in the stock price. The company also might discuss the products currently being tested by the government.
- 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.