Sell Alert: November 14, 2013
Sell Alert: November 14, 2013
Trade Details
Sell ZAGG (ZAGG) November $4 Calls for $0.20 or better
Why?
ZAGG hasn’t recovered from its poor guidance, but the share price has come a long way off the bottom. So, we’re going to take this opportunity to sell our calls and conserve a portion of our capital.
Keep in mind, our calls are in the money, so you’ll need to close out of your position or the calls will be exercised. (That is, unless for some reason you want to own the stock – but you’ll have to have the capital in your account to cover all the shares). So be sure to sell out, even if you can’t get the recommended price.
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Category: OTW Sell Alerts
