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Thursday, April 21, 2011

4 weeks to go on current ZAGG trade

There are 4 weeks left in the current ZAGG trade. The trade is currently Code Orange.

The price of the stock ended the week at $8.29. This is a $0.14 gain from last week. The May $9.00 call ask price ended the week at $0.35. This is a decline of $0.05 from last week.

This week's action where the stock went up but the option went down is where Sell The Call expects to be normal.

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