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Tuesday, December 8, 2009

trade in the money

The current trade has crossed to "In The Money" status. The company just received positive feedback from a government study on one of their products.

The expiration date for the trade is January 15, 2010. There will be two trading days off during that time (Dec 25 and Jan 1) that lessens the amount of trading days until expiration. Right now we are at 26 trading days left.

-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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