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Saturday, January 14, 2012

1 week remaining on current Alcoa trade Code Orange

There is 1 week remaining on the current Alcoa trade. The trade is currently Code Orange. The stock closed the week at $9.80 . That is a rise of $0.64 . The Jan $12.50 call ask price remained unchanged at $0.01.

If the call expires worthless, Sell The Call will go into the options market and sell another call. As Alcoa normally gives out their quarterly dividend in February, Sell The Call will be able to receive another (2nd) dividend payment.

** Disclaimer** - Sell The Call is simply posting information. This is not a recommendation to buy or sell any of the securities above. Do your due diligence before investing as there is risk to all investments.

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