There is one more week until the current exas trade ends.
The stock did move higher. It closed the week at $8.28. The call time value is still zero. The call bid price is currently $3.25. There were a couple of news stories from Yahoo! Finance below.
Motley Fool - Insider Buys propel stocks
Business Wire - Announcement of Earnings and Validation results
Showing posts with label Exact Sciences Corporation. Show all posts
Showing posts with label Exact Sciences Corporation. Show all posts
Saturday, October 9, 2010
Wednesday, October 6, 2010
6 trading days left, stock at next level
The stock is currently at $7.50. This is important because there are traders that will probably keep exas stock at or around this level since there is an option strike price at $7.50. That raises the possibility that the $5.00 call will end the October options cycle in the money.
Saturday, October 2, 2010
2 Weeks left on EXAS
There are 2 weeks left on the trade.
The stock finished the week priced at $7.09. It reached an all-time high on Thursday of $7.40.
The call is still priced at the stock price minus the strike price with no time value left.
The following Exact Sciences news was found on Yahoo! Finance:
Reuters - Blood test
Investopedia - RX companies
TheStreet.com - Calendar
The stock finished the week priced at $7.09. It reached an all-time high on Thursday of $7.40.
The call is still priced at the stock price minus the strike price with no time value left.
The following Exact Sciences news was found on Yahoo! Finance:
Reuters - Blood test
Investopedia - RX companies
TheStreet.com - Calendar
Sunday, September 26, 2010
3 Weeks to go on Exas trade
There are three weeks remaining on the current EXAS trade. The stock is currently in the money since the strike price of the calls sold is $5.00. The company will be presenting at the JMP Securities Healthcare Conference this week.
The stock is currently at $6.67. This is at 52 week highs. The volume last week was consistently over the average. There was no coverage news this past week.
The price of the bid on the option is priced at $1.65, which is almost exactly at the current stock price minus the strike price. This means there is no more time value left of the stock.
Because the the call price matches the stock price minus the strike price, it is simply a waiting game to watch simply whether or not the stock will stay above the strike price. The stock would have to lose over 20% of its current value to get below the strike price.
The stock is currently at $6.67. This is at 52 week highs. The volume last week was consistently over the average. There was no coverage news this past week.
The price of the bid on the option is priced at $1.65, which is almost exactly at the current stock price minus the strike price. This means there is no more time value left of the stock.
Because the the call price matches the stock price minus the strike price, it is simply a waiting game to watch simply whether or not the stock will stay above the strike price. The stock would have to lose over 20% of its current value to get below the strike price.
Friday, September 24, 2010
New Capital
More capital has been added to the account. If the EXAS trade ends up being exercised, the next trade will be for a stock in the $7.50 - 10.00 range.
- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains that occur from trades using its material.
- The account does not fully divulge all information on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give out the rest of the details. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- If you have any info regarding call selling, be sure to comment or send an email. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.
- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains that occur from trades using its material.
- The account does not fully divulge all information on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give out the rest of the details. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- If you have any info regarding call selling, be sure to comment or send an email. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.
Wednesday, September 22, 2010
Time Value gone for EXAS
The time value for the bid in the Oct $5.00 call has evaporated to $0.00. There is still 17 trading days left until expiration.
- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains that occur from trades using its material.
- The account does not fully divulge all information on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give out the rest of the details. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- If you have any info regarding call selling, be sure to comment or send an email. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.
- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains that occur from trades using its material.
- The account does not fully divulge all information on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give out the rest of the details. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- If you have any info regarding call selling, be sure to comment or send an email. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.
Sunday, September 19, 2010
Four weeks on EXAS trade
Hey
The stock broke a 52 week high to end up at $6.22. It seems like there is some strong positive sentiment as volume was heavy. The market is seeming to to set a price before the validation results are in. The stock will now have to lose 20% of Friday's closing value in order to close below the call strike price of $5.00.
The call bid has risen to $1.40. The time value of the call has shrunk to $0.15.
- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains that occur from trades using its material.
- The account does not fully divulge all information on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give out the rest of the details. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- If you have any info regarding call selling, be sure to comment or send an email. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.
The stock broke a 52 week high to end up at $6.22. It seems like there is some strong positive sentiment as volume was heavy. The market is seeming to to set a price before the validation results are in. The stock will now have to lose 20% of Friday's closing value in order to close below the call strike price of $5.00.
The call bid has risen to $1.40. The time value of the call has shrunk to $0.15.
- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains that occur from trades using its material.
- The account does not fully divulge all information on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give out the rest of the details. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- If you have any info regarding call selling, be sure to comment or send an email. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.
Thursday, September 9, 2010
EXAS Explodes to the upside!!!!
Exas just broke out to the upside! It broke past the $5.00 resistance and ended the week at $5.55 with volume strong at over 3 million shares traded.
The call option also gained but not as much as the stock. It ended up bid at $ 0.85. This shows a continued burn in the time value of the option as last week it was $0.60 and this week it is $0.25.
The following reports in the news were made regarding Exact Sciences. They include a coverage initiation.
Jeffries Initial Coverage
Nasdaq Story
- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains that occur from trades using its material.
- The account does not fully divulge all information on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give out the rest of the details. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- If you have any info regarding call selling, be sure to comment or send an email. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.
The call option also gained but not as much as the stock. It ended up bid at $ 0.85. This shows a continued burn in the time value of the option as last week it was $0.60 and this week it is $0.25.
The following reports in the news were made regarding Exact Sciences. They include a coverage initiation.
Jeffries Initial Coverage
Nasdaq Story
- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions given to the reader. Before investing, please consult a financial professional. This blog takes no responsibility for any losses or gains that occur from trades using its material.
- The account does not fully divulge all information on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give out the rest of the details. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. THAT SAID, THE ACCOUNT WILL NOT MISLEAD READERS TO CREATE A GAIN ON ITS TRADES!
- If you have any info regarding call selling, be sure to comment or send an email. The goal of the blog is to collaborate so that we all can accumulate wealth with the help of selling calls. Please pass the blog address to others that might find some value from it.
Subscribe to:
Posts (Atom)
