The Arena Pharma trade has gone from Code Green to Code Yellow today. The stock closed the day at $9.83. The Jan $10.00 call ask price closed the day at $0.37. There are 7 trading days left on the trade. The company is presenting today at the JP Morgan Healthcare Conference.
Previous covered call trades have been made in AA, OCZ, YHOO, ZAGG, LLEN, CLSN, EDMC, EXAS, ARIA
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