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Tuesday, May 24, 2011

New Zagg trade

Sell The Call has sold the July $10.00 call for $0.30. This has dropped the cost basis of the stock for Sell The Call as well as increased possible revenue by selling the $10.00 call instead of the $9.00 call. The trade will last a maximum of eight weeks until July 15, 2011. If this trade goes to expiration, Sell The Call will have held ZAGG stock for up to 5 months, which is the longest time period in Sell The Call's trading.


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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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