There is one week left on the Arena Pharma covered call trade. The status of the trade is Code Yellow. The stock closed the week at $8.22. That is a rise of $0.07 for the week. The April $9.00 call ask price closed the week at $0.06. That is a decline of $0.07 from last week. The cumulative gain for the week on the trade was $0.14 per share.
There is an April $7.00 protective put option included in the trade.
Previous covered call trades have been made in AA, OCZ, YHOO, ZAGG, LLEN, CLSN, EDMC, EXAS, ARIA
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