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
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