Alcoa just announced that shares are now ex-dividend. A $0.03 per share dividend will be received for each share owned. The payment will be made on November 25, 2012. This will drop the cost basis of the trade by $0.03 per share on the Alcoa trade. Currently, the trade is Code Orange. AA is trading at $8.61.
Previous covered call trades have been made in YHOO, ZAGG, LLEN, CLSN, EDMC, EXAS, ARIA
If you are interested in futures options or futures etf options, Sell The Call is now following Trading Futures ETF Options.
** 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. Be sure to Like ourFacebook page, and follow Sell The Call's Twitter and Stocktwits pages.
Wednesday, October 31, 2012
Friday, October 12, 2012
Bought More OCZ Shares
After the cataclysmic drop that happened on Wednesday, it was decided that more shares would be bought. Today Sell The Call bought more shares of OCZ. The shares were purchased for $1.67. The reason for the purchase is that the new cost basis would be at a point where whether through a buyout or positive business dealings, the stock will move past that point in the next 6-12 months. This should allow for more call selling in the near future.
Previous covered call trades have been made in YHOO, ZAGG, LLEN, CLSN, EDMC, EXAS, ARIA
If you are interested in futures options or futures etf options, Sell The Call is now following Trading Futures ETF Options.
** 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. Be sure to Like ourFacebook page, and follow Sell The Call's Twitter and Stocktwits pages.
Previous covered call trades have been made in YHOO, ZAGG, LLEN, CLSN, EDMC, EXAS, ARIA
If you are interested in futures options or futures etf options, Sell The Call is now following Trading Futures ETF Options.
** 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. Be sure to Like ourFacebook page, and follow Sell The Call's Twitter and Stocktwits pages.
Saturday, October 6, 2012
Big Week For Sell The Call Shares
This week will be an important week for both Alcoa and OCZ Technology. Both report earnings (Alcoa on the 9th, OCZ on the 10th). There should be some trading going on after both releases.
If Alcoa can show a decent number (current estimates have a profit of $0.01 per share), and positive guidance, the stock could move into a position that would enable Sell The Call to sell calls on the shares it currently owns. As the closest timeframe for a decent trade isn't until the April calls, Sell The Call is holding off for now.
OCZ will be reporting earnings with new management. This could go either way. Sell The Call is expecting a large (20 +) percentage move in either direction. If the release is positive, expect Sell the Call to sell another call on the shares owned. If it is not, expect Sell The Call to sell the shares as it will probably be a Code Red situation.
Previous covered call trades have been made in YHOO, ZAGG, LLEN, CLSN, EDMC, EXAS, ARIA
If you are interested in futures options or futures etf options, Sell The Call is now following Trading Futures ETF Options.
** 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. Be sure to Like ourFacebook page, and follow Sell The Call's Twitter and Stocktwits pages.
If Alcoa can show a decent number (current estimates have a profit of $0.01 per share), and positive guidance, the stock could move into a position that would enable Sell The Call to sell calls on the shares it currently owns. As the closest timeframe for a decent trade isn't until the April calls, Sell The Call is holding off for now.
OCZ will be reporting earnings with new management. This could go either way. Sell The Call is expecting a large (20 +) percentage move in either direction. If the release is positive, expect Sell the Call to sell another call on the shares owned. If it is not, expect Sell The Call to sell the shares as it will probably be a Code Red situation.
Previous covered call trades have been made in YHOO, ZAGG, LLEN, CLSN, EDMC, EXAS, ARIA
If you are interested in futures options or futures etf options, Sell The Call is now following Trading Futures ETF Options.
** 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. Be sure to Like ourFacebook page, and follow Sell The Call's Twitter and Stocktwits pages.
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