There are three weeks remaining on the current EXAS trade. The stock is currently in the money since the strike price of the calls sold is $5.00. The company will be presenting at the JMP Securities Healthcare Conference this week.
The stock is currently at $6.67. This is at 52 week highs. The volume last week was consistently over the average. There was no coverage news this past week.
The price of the bid on the option is priced at $1.65, which is almost exactly at the current stock price minus the strike price. This means there is no more time value left of the stock.
Because the the call price matches the stock price minus the strike price, it is simply a waiting game to watch simply whether or not the stock will stay above the strike price. The stock would have to lose over 20% of its current value to get below the strike price.
Sunday, September 26, 2010
Friday, September 24, 2010
New Capital
More capital has been added to the account. If the EXAS trade ends up being exercised, the next trade will be for a stock in the $7.50 - 10.00 range.
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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.
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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, September 22, 2010
Time Value gone for EXAS
The time value for the bid in the Oct $5.00 call has evaporated to $0.00. There is still 17 trading days left until expiration.
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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.
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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.
Sunday, September 19, 2010
Four weeks on EXAS trade
Hey
The stock broke a 52 week high to end up at $6.22. It seems like there is some strong positive sentiment as volume was heavy. The market is seeming to to set a price before the validation results are in. The stock will now have to lose 20% of Friday's closing value in order to close below the call strike price of $5.00.
The call bid has risen to $1.40. The time value of the call has shrunk to $0.15.
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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.
The stock broke a 52 week high to end up at $6.22. It seems like there is some strong positive sentiment as volume was heavy. The market is seeming to to set a price before the validation results are in. The stock will now have to lose 20% of Friday's closing value in order to close below the call strike price of $5.00.
The call bid has risen to $1.40. The time value of the call has shrunk to $0.15.
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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, September 13, 2010
Nine and Ten Dollar Call Sell plays
Here is a list of possible trades that cover stocks priced from $9.00 to $10.50. Wikicallselling shows its interest (if any) in each security at the end of each stock's analysis. The account uses Optionsxpress and Yahoo! Finance tools to find its information.
Company Symbol Stock Price Option Call bid price WCS Interest
1) Gibraltar ROCK $9.03 Nov 10 Call $0.50 No interest
2) Tivo TIVO $9.17 Nov 10 Call $0.78 No interest
3) Ironwood Pharmaceuticals IRWD $9.75 Nov 10 Call $1.50 No interest
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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.
Company Symbol Stock Price Option Call bid price WCS Interest
1) Gibraltar ROCK $9.03 Nov 10 Call $0.50 No interest
2) Tivo TIVO $9.17 Nov 10 Call $0.78 No interest
3) Ironwood Pharmaceuticals IRWD $9.75 Nov 10 Call $1.50 No interest
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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, September 9, 2010
EXAS Explodes to the upside!!!!
Exas just broke out to the upside! It broke past the $5.00 resistance and ended the week at $5.55 with volume strong at over 3 million shares traded.
The call option also gained but not as much as the stock. It ended up bid at $ 0.85. This shows a continued burn in the time value of the option as last week it was $0.60 and this week it is $0.25.
The following reports in the news were made regarding Exact Sciences. They include a coverage initiation.
Jeffries Initial Coverage
Nasdaq Story
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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.
The call option also gained but not as much as the stock. It ended up bid at $ 0.85. This shows a continued burn in the time value of the option as last week it was $0.60 and this week it is $0.25.
The following reports in the news were made regarding Exact Sciences. They include a coverage initiation.
Jeffries Initial Coverage
Nasdaq Story
- 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 that occur from trades using 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. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- 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, September 8, 2010
EXAS trade has crossed into the money
Today EXAS has traded above $5.00 making the call option in the money. It closed the day at $5.04. The volume was over double the average for a total volume today of 744,000.
The call bid rose up to $0.60. But it is telling that the rise in the stock was 3 times the amount of the rise of the option. This is forecasting the beginning of the fall of time value at an increasing rate as time remaining on the option decreases. Theta is starting to shrink. This regularly happens with 6weeks or less left in an option.
- 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 that occur from trades using 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.
The call bid rose up to $0.60. But it is telling that the rise in the stock was 3 times the amount of the rise of the option. This is forecasting the beginning of the fall of time value at an increasing rate as time remaining on the option decreases. Theta is starting to shrink. This regularly happens with 6weeks or less left in an option.
- 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 that occur from trades using 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, September 4, 2010
Six weeks to Exp for EXAS trade
The EXAS trade continues to move forward in a positive manner. With six weeks left until expiration, the time value of the option (right now 100%) should start to decrease in an accelerating manner. The big news of the results for Exact Science's colon cancer test are not scheduled to be out until after the options expire which is positive.
The price of the stock moved up to $4.83 on some good volume this week.
The option has also moved up a little to bid at $0.55.
- 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.
The price of the stock moved up to $4.83 on some good volume this week.
The option has also moved up a little to bid at $0.55.
- 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, September 1, 2010
Possible trades for the Oct 10 Call range
Here is a list of possible trades that cover the $10.00 call range. Wikicallselling shows its interest (if any) in each security at the end of each stock's analysis. The account uses Optionsxpress and Yahoo! Finance tools to find its information.
Company Symbol Stock Price Option Call bid price WCS Interest
1) US Airways LCC $9.54 Oct 10 Call $0.60 No interest
2) Questcor QCOR $9.90 Oct 10 Call $1.10 No interest
3) Avis CAR $9.75 Oct 10 Call $0.60 No interest
- 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.
Company Symbol Stock Price Option Call bid price WCS Interest
1) US Airways LCC $9.54 Oct 10 Call $0.60 No interest
2) Questcor QCOR $9.90 Oct 10 Call $1.10 No interest
3) Avis CAR $9.75 Oct 10 Call $0.60 No interest
- 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.
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