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Tuesday, November 30, 2010

LLEN In The Money......Green

LLEN finished the day at $10.57.

The Dec $10 call bid finished at $0.90. The time value for this option's ask fell from $0.70 t0 $0.47, which is below yesterday's bid time value.

There are 13 trading days left.

Monday, November 29, 2010

LLEN trade 3 weeks left...yellow status

There are three weeks left in the L & L Energy trade. The stock closed the week at $9.97. The $10 Dec call option bid closed at $0.60.

The account expects the time value for the call to fall fast this week and next.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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, November 22, 2010

New LLEN trade!!

Today the account purchased shares of L and L Energy at a price of $9.69. The account sold the December $10.00 call for $0.55.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Saturday, November 20, 2010

EDMC trade done....6% profit in 5 weeks

The Education Management Corporation trade is over. The stock ended above the $10.00 strike price. So the shares were sold. The trade ended with a 6% profit over 5 weeks time.

The account is now looking for its next trade for either December or January.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Tuesday, November 16, 2010

Codes for call selling action

Sell The Call account will be giving out color codes for where the trade is located. The colors are as follows:

Red - The stock has fallen to the stop. Sell The Call will close the trade for a loss and move on to the next trade.

Orange- This means that the trade has not produced a profit. The stock is in between the stop and the strike price but has yet to produce a profit. Also, the call time value might not have fallen enough to give the trade a profit. It could also be a combination of the two. This is an area where the account will be looking to either sell another call on the stock at expiration or close the trade for a loss and move on to the next trade.

Green - The trade is now profitable. This means that the call time value has shrunk enough to make the trade profitable, the stock has risen high enough to make the trade profitable, or a combination of the two have made the trade profitable. The account will have the ability to close the trade for a profit before expiration if desired and move on to the next trade.

3 days to end of EDMC trade

Today was a decent move down. But the stock is still $4.00 over the strike price. So the account feels pretty confident about a share assignment and will be looking for a new trade.

Any ideas for stocks in the $7.00 - $12.00 range?

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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, November 15, 2010

MBI

MBIA Insurance is the leading candidate for a December call selling opportunity. The Dec 11 call is being bid at $0.70.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Friday, November 12, 2010

1 week left in EDMC trade

There is one week left in the EDMC trade. The stock would have to drop $5.00 or 33% in order to get back to the strike price

The stock is at $14.64. It is $4.64 above the strike price. It will probably stay above the strike price.

The call's bid time value is sub zero. The ask time value is at $0.07.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Saturday, November 6, 2010

2 Weeks in EDMC trade

There are two weeks left in the Education Management Corp. trade. They released their previous quarter's earnings.

The stock has moved up to $13.37. The stock will now have to lose $3.37 in the next 10 trading days in order to get down to the strike price.

The November 10 call time value is gone as far as the bid is concerned. There is still $0.40 time value left in the ask.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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, November 4, 2010

EDMC up while industry down

Hey

EDMC had a 10+% day today after earnings were released while the rest of the industry got hammered. This was clear with the investigation into Apollo Group. Management abilities might also be the cause for the difference.

The stock also flew past the $12.50 call strike price. That should create some support at the $12.50 level as there are call holders wanting that profit.

The trade is going well. Eleven trading days left!

Earnings release on EDMC

Hey

Education Management Corporation released their quarterly earnings. They earned $0.25/share which was three cents higher than the consensus. Details are below.

The stock has gone up to the $12.75 range.

The call bid value is in the $2.80 range. The time value for the call is almost gone.

Earnings release

Tuesday, November 2, 2010

Solar research

Hey

So in doing research for the next trade, there are a lot of solar companies in the mix.