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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- 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!
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