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Thursday, February 18, 2010

profit if assigned

The profit on the current trade if the shares are assigned (meaning the stock gets taken away at the strike price) on expiration day (March 19) will be 10%. The trade will have been held for four months.

- 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.

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