There are four weeks remaining on the current Arena Pharma trade. The status of the trade is Code Yellow. The stock closed the week at $8.63. That is a decline of $0.71 from where the trade started. It is higher than the cost basis by $0.18. The Jan $10.00 call ask price closed the week at $0.22. That is a decline of $0.30 from when the trade started on Wednesday.
Previous covered call trades have been made in AA, OCZ, YHOO, ZAGG, LLEN, CLSN, EDMC, EXAS, ARIA
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** 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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