The current trade will end on March 19 if the shares do not get assigned before then. As of right now, the stock of the current trade is below the strike price.
So with three weeks left, it is time to look for new opportunities if the shares do get assigned.
Three stocks hit the account's radar this morning. JA Solar, and Pacer International currently show an opportunity for the account to buy stock and sell calls in the month of April.
But there are three weeks before expiration of the current trade. So the account will periodically check its radar screen from Optionsxpress to update any further opportunities the account might have.
- This information is not to be used as a recommendation to buy or sell. It is simply information (and sometimes opinions) given to the reader of this blog. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains occurred from trades that use its material.
- The account does not fully divulge all information on open trades. This is for protection of 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, etc.) 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.