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Saturday, August 28, 2010

follow also on twitter

Hey

If you on Twitter, you can follow the account at Sellthecall.

Friday, August 27, 2010

7 weeks for current EXAS Trade

There are seven weeks remaining on the current EXAS trade.

The price of the stock has risen to $4.51. That is an $0.11 profit before commissions and fees.

The bid price of the October $5.00 call is currently $0.40. That is a $0.03 profit before commissions and fees.

There was no news this week for Exact Sciences. There was some higher than average trading a couple of days this week pushing the price higher.

- 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.

Saturday, August 21, 2010

Shares purchased...call sold...revenue generated

EXAS' stock price fell early Friday morning to fill the account's order for more shares. The account purchased the shares for a price of $4.04. This will drop the average share price from $4.77 to $4.41.

The account sold another October $5.00 call for $40.00 before commissions and fees. This process was done by using Optionsxpress' mobile phone app.

The account has received enough call revenue to bring the cost of the purchased shares to be brought down to $3.83.

Wednesday, August 18, 2010

New Capital added

New Capital has been added to the account. This capital will allow the account to incrementally increase its order for the next batch of shares.

- 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.

Thursday, August 12, 2010

order for new shares of EXAS

The account put in an order to buy new shares of EXAS. The stock will have to come down about 9% before the order is filled. The order could get changed as there will be new capital added to the account next week.

The October 5 call is still bid at $0.50.

- 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.

Tuesday, August 10, 2010

EXAS in NY Times...stock moving

The New York Times wrote an article on Exact Sciences on the 8th. It seems to have attracted some attention to the stock because the stock has moved into the $4.50 range.

The account was close to being able to buy another batch of shares. This move up has delayed that purchase for at least another couple of weeks.

- 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.

Tuesday, August 3, 2010

Future purchase of shares of EXAS

EXAS is currently priced at $4.20 per share. The account should be able to buy another batch of shares in the next couple of weeks if the shares stay at this price or go lower.

The stock has moved almost a dollar in the last couple of weeks. The account thought it would have already be able to buy the shares and has tested the discipline of the account. But the account knows that the plan will work correctly only when it is done properly. This issue is mentioned in a wikiwealth blog post.

The price of the $5.00 October call is still at $0.45, which is also where the account sold calls against the already owned batch of shares.

- 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.