There are two weeks until the March ZAGG trade ends. The status of the trade is Code Orange. The stock closed at $8.37 . That is a loss of $0.47 and 5.3% loss for the account on Sell The Call's position in this stock. The March 2011 $10.00 ask closed at $0.25. That is a close of $0.15 below last week and a 37.5% gain in Sell The Call's position in the option. December 2010 quarterly earnings are scheduled to be released on Monday March 14th.
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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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