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Showing posts with label call trading. Show all posts
Showing posts with label call trading. Show all posts

Wednesday, December 29, 2010

Letter from LL Energy CEO

Hey

The following letter was issued by the CEO of L & L Energy to the shareholders.

Disclosure: Sell The Call currently holds shares and has sold Jan calls against those shares.

Sunday, December 12, 2010

Down week for Current LLEN trade....

The current LLEN trade is currently Yellow. The stock closed lower to $10.77. The Jan 2011 $12.50 ask fell all the way to $0.45.

Headlines from Yahoo Finance!
- The company released earnings of $0.35 per share, which is a 21% increase year over year.
- Mad Money says to stay away from stock.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Tuesday, December 7, 2010

Born to Sell Email

Hey

The account received the following monthly email from Born to Sell.

Top 4 Covered Call Stocks For Dec 18 Expiration

With only 2 weeks go to until the December options expire, the race to collect premium is on. Currently, the top 4 stocks Born To Sell members are using for their December covered calls are (in order of popularity):

RankSymbolStrike
1.F16
2.NFLX170
3.AMZN165
4.AAPL310

(Note: Born To Sell members have access to the full Top 10 Covered Call list, as well as having this list update real-time as members change positions.)

Top 8 Covered Call Watchlist Stocks and ETFs

Want to know what other investors are watching, waiting for the fat premiums to surface so they can jump in and write covered calls? We've got you covered. Currently, the top 8 stocks Born To Sell members are using for their Watchlist are (in order of popularity):

RankSymbol
1.AAPL
2.F
3.MSFT
4.SPY
5.VZ
6.GOOG
7.GLD
8.SLV

(Note: Born To Sell members have access to the full Top 20 Watchlist, as well as having this list update real-time as members change their watchlists. And, you can have the highest yielding covered calls from your personal watchlist emailed to you after the close each day. Never miss a fat premium again!)

37,349 December Covered Calls To Choose From

Did you know there are 37,349 different covered call possibilities for the Dec 18, 2010, expiration? That includes all combinations of underlying stock/ETF and strike price. Here's how they break down by moneyness:

Moneyness# of CCsHighest Yield
ITM > 20%1166615%
ITM 10%-19%503167%
ITM 3%-9%3918149%
ATM +/- 2%2788183%
OTM 3-9%3491116%
OTM 10%-19%366382%
OTM > 20%679236%

Moneyness is the relationship between stock price and strike price. For a full explanation, see the Moneyness tutorial.

Highest Yield is highest Annualized Return If Flat from each moneyness group. For more info on these calculations, see the Covered Call Returns tutorial.

How can you possibly know which of the 37,349 choices are right for you? Don't worry, using Born To Sell's covered call screener it's easy to narrow the list down based on your personal preferences.

Want More Covered Call Goodness?

Born To Sell is dedicated to only one thing: Making Money With Covered Calls. Our subscribers have access to state-of-the-art covered call screeners and covered call portfolio management tools.

For less than the profit of a single trade you could be enjoying recurring monthly income using our tools. Three subscription types to choose from:

TermPrice
Monthly$59.95
Quarterly$149.95 (17% discount)
Annual$499.95 (31% discount)

Plus, all subscriptions begin with a no-obligation 2-week free trial. What are you waiting for? Start collecting premium today!

Don't forget: subscriptions make great holiday gifts for those hard-to-shop-for stock market fans on your list, too!

Happy Trading,

The Born To Sell Team

Sunday, December 5, 2010

New LLEN trade !!!!

The account found that L & L Energy's stock price is at $12.44. The time value on the January $12.50 call was bid at $1.15.

So the account bought back the Dec $10.00 call it owned (for a 2% profit) and sold the Jan 11 $12.50 call for $1.15.

This brings the cost basis of the LLEN stock to $10.95. This was compiled by taking the stock purchase cost $9.79 per share plus the purchase of the previous call at $2.65 minus the call revenue recieved from the Dec $10 call of $0.40 and the Jan 11 $12.50 call of $1.00. These amounts are after commissions are considered.

LLEN trade ended...in GREEN

The account ended the LLEN trade with a profit of 2% in two weeks time. The account found another trade to increase its value which will be in the next post.

The account continues to be able to increase its ability to be able to capitalize on money making opportunities with the call selling area. This is the first time the account was able to buy back an option before expiration in order to go on to another trade.

Thursday, December 2, 2010

LLEN 12 trading days left......Code Green!!!

The stock burst past $11.00 on 3X Volume to close at $11.48! That puts the stock well past the $10.00 strike price.

The call ask time value is currently at $0.27 and is continually getting smaller......awesome.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Tuesday, November 30, 2010

LLEN In The Money......Green

LLEN finished the day at $10.57.

The Dec $10 call bid finished at $0.90. The time value for this option's ask fell from $0.70 t0 $0.47, which is below yesterday's bid time value.

There are 13 trading days left.

Monday, November 29, 2010

LLEN trade 3 weeks left...yellow status

There are three weeks left in the L & L Energy trade. The stock closed the week at $9.97. The $10 Dec call option bid closed at $0.60.

The account expects the time value for the call to fall fast this week and next.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Monday, November 22, 2010

New LLEN trade!!

Today the account purchased shares of L and L Energy at a price of $9.69. The account sold the December $10.00 call for $0.55.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Saturday, November 20, 2010

EDMC trade done....6% profit in 5 weeks

The Education Management Corporation trade is over. The stock ended above the $10.00 strike price. So the shares were sold. The trade ended with a 6% profit over 5 weeks time.

The account is now looking for its next trade for either December or January.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Tuesday, November 16, 2010

Codes for call selling action

Sell The Call account will be giving out color codes for where the trade is located. The colors are as follows:

Red - The stock has fallen to the stop. Sell The Call will close the trade for a loss and move on to the next trade.

Orange- This means that the trade has not produced a profit. The stock is in between the stop and the strike price but has yet to produce a profit. Also, the call time value might not have fallen enough to give the trade a profit. It could also be a combination of the two. This is an area where the account will be looking to either sell another call on the stock at expiration or close the trade for a loss and move on to the next trade.

Green - The trade is now profitable. This means that the call time value has shrunk enough to make the trade profitable, the stock has risen high enough to make the trade profitable, or a combination of the two have made the trade profitable. The account will have the ability to close the trade for a profit before expiration if desired and move on to the next trade.

3 days to end of EDMC trade

Today was a decent move down. But the stock is still $4.00 over the strike price. So the account feels pretty confident about a share assignment and will be looking for a new trade.

Any ideas for stocks in the $7.00 - $12.00 range?

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Monday, November 15, 2010

MBI

MBIA Insurance is the leading candidate for a December call selling opportunity. The Dec 11 call is being bid at $0.70.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Friday, November 12, 2010

1 week left in EDMC trade

There is one week left in the EDMC trade. The stock would have to drop $5.00 or 33% in order to get back to the strike price

The stock is at $14.64. It is $4.64 above the strike price. It will probably stay above the strike price.

The call's bid time value is sub zero. The ask time value is at $0.07.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Saturday, November 6, 2010

2 Weeks in EDMC trade

There are two weeks left in the Education Management Corp. trade. They released their previous quarter's earnings.

The stock has moved up to $13.37. The stock will now have to lose $3.37 in the next 10 trading days in order to get down to the strike price.

The November 10 call time value is gone as far as the bid is concerned. There is still $0.40 time value left in the ask.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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, November 4, 2010

EDMC up while industry down

Hey

EDMC had a 10+% day today after earnings were released while the rest of the industry got hammered. This was clear with the investigation into Apollo Group. Management abilities might also be the cause for the difference.

The stock also flew past the $12.50 call strike price. That should create some support at the $12.50 level as there are call holders wanting that profit.

The trade is going well. Eleven trading days left!

Earnings release on EDMC

Hey

Education Management Corporation released their quarterly earnings. They earned $0.25/share which was three cents higher than the consensus. Details are below.

The stock has gone up to the $12.75 range.

The call bid value is in the $2.80 range. The time value for the call is almost gone.

Earnings release

Tuesday, November 2, 2010

Solar research

Hey

So in doing research for the next trade, there are a lot of solar companies in the mix.

Sunday, October 31, 2010

EDMC trade 3 weeks left

The trade with Education Management Corporation is going well. The call bid time value has fallen over 50% since the call was sold. The company will be announcing their earnings this week. This should create some volatility in the stock. The account noticed that the November $12.50 call has a value of $1.00. This is a bullish sign as the contract will end in three weeks and this strike price is still out of the money.

The stock closed at $12.00. The stock will have to fall 16% from this price to get below the strike price of $10.00.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.

Saturday, October 23, 2010

EDMC Trade

Last Monday, the account purchased shares of Education Management Corporation and sold $10.00 calls against those shares.

EDMC shares were purchased for $9.96. The stock closed Friday's trading at $11.02.

The account sold the November 10 call. The time value of the bid on the call has shrunk from $0.90 to $0.50.

- This information is not to be used as a recommendation to buy or sell. It is simply information and opinions. 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 (the size of shares bought and calls sold) on open trades. This is for protection of the trade. When the trade on a particular stock ends, the account will give the size information out. Please feel free to ask questions and the account will answer them the best way possible can without endangering the trade. 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.