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Tuesday, December 18, 2012

ARNA Rollover Covered Call Trade

For the first time, Sell The Call has rolled over a covered call trade. The December $9.00 call that was sold for $0.41 after purchasing the shares was purchased back for $0.43. The shares are currently trading at $9.34. A January $10.00 call was then sold for $0.52.  The cost basis for the shares is currently $7.99.

The status of the trade is Code Yellow.

Previous covered call trades have been made in AA, OCZ, 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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