The Arena Pharma trade closed Code Yellow. The stock closed the week at $9.76. The Jan $10.00 option expired worthless. Sell The Call still owns the shares and will go back into the market next week and make another covered call trade on Arena Pharma. The shares currently have a cost basis of $8.08.
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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