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Saturday, March 16, 2013

ARNA Covered Call Trade Ends Code Yellow; April Put Continues

The March Arena Pharma covered call trade has ended. The stock closed the week at $8.03. Sell The Call will go into the options market and sell another call next week. The April $7.00 protective put is being held onto due to the prospective volatility with the Belviq news.

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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