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Sunday, January 3, 2010

2 weeks on Current trade


There are two weeks remaining on the current trade. The stock is between where the account purchased the shares and the strike price. The option has fallen in value and might go worthless. The stock will need a ten percent rise to get to the strike price. The following month's call at the same price is trading at a high value indicating a bullish action.

- 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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