With yesterday's 7 percent run up, the Alcoa trade is now Code Yellow. This means that the stock is priced above the cost basis of the trade but is still below the strike price. The stock closed yesterday at $11.20. The Jan 2011 $12.50 call ask price closed at $0.45.
- Don't forget to visit the web page for Sell The Call, like our Sell The Call Facebook Page and follow our Sell The Call Twitter page!
- 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. Sell The Call 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 Sell The Call 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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment