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Tuesday, May 17, 2011

Current ZAGG trade now Code Yellow

The current ZAGG trade is now Code Yellow. The stock is currently trading at $8.65. This is important as there are only 3 more trading trading days left in the trade.

If the stock does close below $9.00 on Friday, and Sell The Call decides that selling another call is the route to go, Sell The Call will then look to sell either a June call or a July call at the $9.00 or $10.00 strike prices.

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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!

- 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.

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