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Monday, May 24, 2010

Resold July 5 option on EXAS

The account has just resold the July 5 call. The account did this because of the inaction of the stock after the earnings and conventions makes the account think that the stock will be stagnant past the July options expiration date. It also adds a little more downside protection to the trade. Trade stop losses will be adjusted.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. 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. 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. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.

Monday, May 17, 2010

EXAS 5/17 Update

The stock is holding around the $4.25 - $4.50 range. The moving averages (20, 50, 100) are converging. Volume has been a little less than the average. The stochastics for the company are all quiet.

Exact Sciences has a couple of presentations this week in Europe. There was no other news with the company.

The account will continue to hold the stock and keep its stop positions in the same place.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. 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. 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. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.

Wednesday, May 12, 2010

$10 July call possible trades

The account found the following stocks doing research using Optionsxpress and Yahoo! Finance tools. The account does not have any relationship or trades with any of the following companies. This is to be used for information and is not a recommendation to buy or sell any of these securities.

AXL - American Axle - The stock is currently selling for $9.75. The July 2010 call is being bid at $1.00.

WNC - Wabash National Corporation - The stock is currently selling for $9.71. The July 2010 call is being bid at $0.95.

ISIS - Isis Pharmaceuticals - The stock is currently selling for $9.84. The July 2010 call is being bid at $0.90.

AMD - Advanced Micro Devices - The stock is currently selling for $9.07. The July 2010 call is being bid at $0.87. The appreciation value combined with the call value is quite interesting with AMD.

IMGN - ImmunoGen - The stock is currently selling for $9.12. The July 2010 call is being bid at $0.85.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. 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. 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. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.

Friday, May 7, 2010

This week's EXAS report

So the company released earnings yesterday. Their revenue was higher and they posted a lower loss than the same quarter in the previous year. The link with the full report is above.

The company had two presentations this week. Yesterday's crazy trading did not have an affect on the stock's performance.

The stock is starting to form a downward trend and putting pressure on the $4.00 support line. This is also where the 100 day moving average is located. It would be a bad omen if the stock crossed the 100 day ma. Volume has been fairly stable.

So right now the account will continue to keep the stock and will monitor its performance.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. 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. 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. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.