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Monday, October 24, 2011

New Trade in Alcoa!

Sell The Call has sold the January 2011 $12.50 call for Alcoa. It is Sell The Call's third trade in Alcoa. There are three aspects to the trade that have not happened before this trade. There is a scheduled dividend issued during the trade and there is an increase in the strike price (from $12.00 to $12.50). Sell The Call also went out three months (January) for this trade as the November and December $12.00 calls did not carry enough value to trade. 

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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. 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!

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