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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