These are the trades that Sell The Call executed during 2011.
January LLEN trade
February TIVO trade
March ZAGG trade
May ZAGG trade
July ZAGG trade
July Yahoo trade
Sep Yahoo trade
Sep AA trade
Oct AA trade
Dec CLSN trade
** 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.
Showing posts with label L and L Energy. Show all posts
Showing posts with label L and L Energy. Show all posts
Thursday, March 29, 2012
Thursday, January 27, 2011
LLEN trade analysis
It is always good to look back at recent trades to see if Sell The Call can do better in future trades. Regularly, there are multiple reasons as to why a trade is a success or a failure. Today, Sell The Call is going to look at its most recent trade, a covered call with L & L Energy. Sell The Call overall took a loss on the trade. We are going to look a one specific area where Sell The Call can take note and watch to make sure it improves on its trading.
Sell the Call started the trade by finding that LLEN had a December call bid value of $0.55 to its $10.00 call while the stock was trading at $9.63 on November 22, 2010. Sell the Call entered into a covered call trade by buying 100 shares of the stock and selling 1 December 2010 $10.00 call.
The stock proceeded to move up to $12.00 before expiration. The call meanwhile lost all but $0.05 of its time value. Sell The Call made the decision to buy back the call (incurring more cost as the call had intrinsic value of $2.00) before expiration and sell the January 2011 $12.50 call for $1.15. In the process, Sell the Call failed to recognize that these actions increased the cost basis of the stock up to over $11.00 while not having the price support needed to make such a trade. More importantly, this caused the stop loss point for the trade to move up higher than the support levels for the stock indicated. The stock moved down from that point and easily hit the stop loss price. This caused Sell the Call to buy back the call and sell the stock for loss on the trade.
It is very important to know where the likely support levels are for a stock when making covered call trades. In this case, Sell the Call did not recognize that the change in cost basis put the stop loss price over the expected support of the stock. In future trades that present an opportunity to roll forward to the following months, Sell the Call needs to be aware of movements to both the cost basis and the stop loss price movement before going forward with the trade.
- 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, January 18, 2011
Code Red on LLEN trade
There was a code red on the current LLEN trade. The stock hit the stop loss price. The account bought back the option and sold the stock.
The end result was a loss on the trade. This falls in line with the percentages on success (80% and failure 20%) with selling calls. So the account will be looking to find another trade in the Feb/Mar timeframe.
More to follow....
- 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.
The end result was a loss on the trade. This falls in line with the percentages on success (80% and failure 20%) with selling calls. So the account will be looking to find another trade in the Feb/Mar timeframe.
More to follow....
- 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.
Sunday, January 16, 2011
One Week left in LLEN..code Orange
There is one week until the the end of the current L and L Energy trade. The trade is currently in orange status. It is below what the account paid but higher than the stop loss level. There has been conflicting high profile news on company. The account feels that the stock is primed for a move up due to both fundamental and technical reasons.
The LLEN stock is currently priced at $9.39. It has survived repeated attacks from Strategy Session on CNBC. It seems to have a solid base at $9.00. Red Chip lowered its price target to $17.00 from $19.00.
The Jan $12.50 call has become worthless. So the account has maximized its profit from the call.
The account recommends taking a look at the news for LLEN through Yahoo! Finance. Reports from CNBC, Thestreet.com, SeekingAlpha, and Motley Fool were issued just in the last week.
Overall, if the stock does not hit the stop loss, the account will be looking to sell another call (either Feb or Mar) on LLEN to decrease both the cost basis and stop loss prices.
- 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.
The LLEN stock is currently priced at $9.39. It has survived repeated attacks from Strategy Session on CNBC. It seems to have a solid base at $9.00. Red Chip lowered its price target to $17.00 from $19.00.
The Jan $12.50 call has become worthless. So the account has maximized its profit from the call.
The account recommends taking a look at the news for LLEN through Yahoo! Finance. Reports from CNBC, Thestreet.com, SeekingAlpha, and Motley Fool were issued just in the last week.
Overall, if the stock does not hit the stop loss, the account will be looking to sell another call (either Feb or Mar) on LLEN to decrease both the cost basis and stop loss prices.
- 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, January 7, 2011
LLEN trade two weeks left
The LLEN trade is currently code Orange. The trade is lower than the cost basis but above the stop loss price.
The stock price is $10.30. Right now the stock is between a monthly high of over $13.00 and a low of $9.03
The Jan $12.50 call ask price is now $0.20.
- 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.
The stock price is $10.30. Right now the stock is between a monthly high of over $13.00 and a low of $9.03
The Jan $12.50 call ask price is now $0.20.
- 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, January 3, 2011
LLEN trade 3 weeks left
This might have been one of the hardest weeks in the account's history nerve wise.
LLEN opened the week at $9.37 and closed at $10.80. The high for the week was $10.94 and the low was $9.03.
The Jan 2011 $12.50 call ask price finished the week at $0.45.
There are three weeks until the option expires.
- 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.
LLEN opened the week at $9.37 and closed at $10.80. The high for the week was $10.94 and the low was $9.03.
The Jan 2011 $12.50 call ask price finished the week at $0.45.
There are three weeks until the option expires.
- 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, December 30, 2010
Positive news for LLEN
Hilary Kramer of Marketwatch wrote a story and recommended L and L Energy as one of her picks for 2011. This should have a positive tilt to the stock today.
There are 16 trading days until expiration.
Disclosure: The account owns shares and has sold Jan 2011 calls against those shares.
There are 16 trading days until expiration.
Disclosure: The account owns shares and has sold Jan 2011 calls against those shares.
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.
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.
Monday, December 27, 2010
Quiet Day for LLEN trade (Orange)
LLEN closed the day at $9.44. The Jan 2011 $12.50 call closed the day at $0.10.
The trade has 18 more trading days left. The company might be mentioned on CNBC as David Gentry from Red Chip will be making an appearance on the network.
- 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.
The trade has 18 more trading days left. The company might be mentioned on CNBC as David Gentry from Red Chip will be making an appearance on the network.
- 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.
Sunday, December 26, 2010
What a week.....for LLEN
So Herb Greenberg was able to take LLEN all the way down to $9.45 this week by mentioning it and only it in a warning piece against reverse mergers on CNBC. The Jan 2011 $12.50 call shrunk all the way to $0.15. The fact that it still has any value with 19 trading days left is actually bullish in a way. The stock would have to move up 30% to get to the $12.50 strike price.
It seems with an issue as worrisome as reverse mergers seem to be with Herb, there might be more than just LLEN to be worried about.
- 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.
It seems with an issue as worrisome as reverse mergers seem to be with Herb, there might be more than just LLEN to be worried about.
- 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, December 20, 2010
Week ending Dec 17
The stock price of LLEN fell to $10.75. The Jan 2011 $12.50 call has finished the week at $0.35.
The trade is color code orange. This means that the trade is currently below the cost basis but above the stop loss price.
- 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.
The trade is color code orange. This means that the trade is currently below the cost basis but above the stop loss price.
- 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, December 13, 2010
LLEN rebound up now in Yellow Status
So LLEN has rebounded today to be up over $1.00 to close at $11.85 . This was a ten percent move on 1.5 X volume today. This stock has been extremely active in the last couple of weeks. The time value on the ask for the Jan 2011 $12.50 call is now $0.80.
Today's trading has brought a status change in the trade from Orange to Yellow. This puts the trade back in a profitable position.
- 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.
Today's trading has brought a status change in the trade from Orange to Yellow. This puts the trade back in a profitable position.
- 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.
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.
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.
Monday, December 6, 2010
New Strategy used for this trade
The account used a strategy for the first time on this recent close of one trade and open of another trade on the same stock.
When tracking the trade last Friday, the account noticed that the Dec $10 call on LLEN had only $0.05 of time value left. The stock at the time was priced at $12.45. When the account noticed that, it researched and found that the Jan 2011 $12.50 call was bid at $1.15.
The account acted in the following manner:
1) The account closed out the Dec $10 call by buying it back.
2) The account sold the Jan 2011 $12.50 call for $1.15.
It moved the cost basis for the trade to $ 11.04 per share. This is calculated by taking $9.79 original purchase plus $2.65 for the Dec call buy back minus $1.40 for the call premium received ($0.40 for the dec call and $1.00 for the January call).
This strategy was implemented because the account saw the high value of the Jan 2011 $12.50 call. It wanted to capitalize on it. It saw that there was a small fraction of time value left on the ask of the Dec $10 call. The account had the cash reserves to close the Dec trade. So the account acted and is now in a good position to continue moving the account value higher using the call selling strategies.
When tracking the trade last Friday, the account noticed that the Dec $10 call on LLEN had only $0.05 of time value left. The stock at the time was priced at $12.45. When the account noticed that, it researched and found that the Jan 2011 $12.50 call was bid at $1.15.
The account acted in the following manner:
1) The account closed out the Dec $10 call by buying it back.
2) The account sold the Jan 2011 $12.50 call for $1.15.
It moved the cost basis for the trade to $ 11.04 per share. This is calculated by taking $9.79 original purchase plus $2.65 for the Dec call buy back minus $1.40 for the call premium received ($0.40 for the dec call and $1.00 for the January call).
This strategy was implemented because the account saw the high value of the Jan 2011 $12.50 call. It wanted to capitalize on it. It saw that there was a small fraction of time value left on the ask of the Dec $10 call. The account had the cash reserves to close the Dec trade. So the account acted and is now in a good position to continue moving the account value higher using the call selling strategies.
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.
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.
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.
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.
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.
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.
- 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.
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