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Saturday, January 22, 2011

4 Weeks Left in TIVO trade code orange

The trade is currently code orange. It is below the cost basis but above the stop loss price. Both the stock and the call fell in value. There was no news for the company this week. There are four more weeks left in the trade.

The stock price of TIVO is currently at $9.56. Volume was low this week. The stock has fallen 2.7% since the account's purchase.

The Feb $10.00 call ask price (what the account would have to pay if the trade goes code red) is currently at $0.72. The call price has fallen 13.25% since the account sold the call. Regardless of what the stock does, the account expects the pace of the decline of time value in the call to accelerate.

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