Any comments on today's earnings? Good day to close my covered calls. Abbvie will recover to the high 69 - 70 soon. I'll be selling covered calls again.....Abbvie is a nice trading stock. Humira carried the company again.....guess reaps0007 claim on 3-19-15 that Humira would be dead by 12-2015 is dead wrong.
There have been 52 original posts on my board from April 6 to June 1. 54% (28) jave beem spam posts, 44% (23) posts about Abbvie and 1 complaint about spam. Of the 23 spam posts, 14 have promoted Ultimate Stock Alerts and 11 of the 14 have probably been posted by the same individual. I conclude that the same person is posting all the Ultimate Stock Alert posts because in 7 of the posts he used "these guys", 2 used "this guy" and 1 used "man". Obviously, the Ultimate Stock Alerts person has a limited vocabulary. Surely Yahoo can do something to reduce the spam on this and other boards. Eliminating Ultimate would be a great start.
Nice price move yesterday and today. The pcyc acquisition and accelerated Abbvie stock buy back probably the main catalysts. Sold August 70 covered calls today for 1.85. Just don't call them before mid July....want the dividend, the call premium and want to keep the stock....get your money for nothin and keep your stock...that's the name of the game.
I sold covered Aug. 50 calls today. Thinking the stock price might pull back tomorrow and the price stall from 48 - 49....at least through August option expiration. Today's rally was probably due to the use of Pedilyte for hangover cures. Interesting cure based on the Pedilyte composition of sodium, potassium, zinc, chloride and glucose...nothing exotic. Regardless, I enjoyed the price move of Abt and Abbvie.