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Author: Marfong Old School Fool CAPS All Star Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 266469  
Subject: My first option trade Date: 1/2/2013 3:30 AM
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I joined Motley Options on 11/27/12 and had a recommendation to try first option trade: selling a covered call for May 18, 2013 with strike price of 16. At that time the stock was trading at 15.78.

I do not see this recommendation listed on the list from the advisors. I did see a recommendation to sell a put from 11/21/12.

Why was this trade suggested when it is not offically recommended by one of the advisors?

BTW, I noticed this call option for 5/18/13 is now listed at: 15.50, not the original 16. The 16 price is no longer mentioned in the option chain. Why the change?

Does not seem to have been such a good trade if the stock is presently priced around 16.80.
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