First Asset Can- Fin. Covered Call

FXF-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about FXF-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
October 30, 2013

You have to look at Covered Calls and see how they work. E.G. He has a stock at $20 and is going to sell a December $22 Call for $0.50. He brings in $0.50 and he can do anything he wants with it. However, he has entered into an obligation in that if he is Called he has to sell his stocks at $22. In December, if the stock is at $25, he has to sell his at $22. Therefore, in this case, if you are bullish on financials, you do not want to be in a Covered Call situation. In a Bearish or Bullish market that is going up or down, this is not the thing to own.

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You have to look at Covered Calls and see how they work. E.G. He has a stock at $20 and is going to sell a December $22 Call for $0.50. He brings in $0.50 and he can do anything he wants with it. However, he has entered into an obligation in that if he is Called he has to sell his stocks at $22. In December, if the stock is at $25, he has to sell his at $22. Therefore, in this case, if you are bullish on financials, you do not want to be in a Covered Call situation. In a Bearish or Bullish market that is going up or down, this is not the thing to own.

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First Asset Can- Fin. Covered Call(FXF-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for First Asset Can- Fin. Covered Call is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

First Asset Can- Fin. Covered Call(FXF-T) Frequently Asked Questions

What is First Asset Can- Fin. Covered Call stock symbol?

First Asset Can- Fin. Covered Call is a OTC stock, trading under the symbol FXF-T on the (). It is usually referred to as or FXF-T

Is First Asset Can- Fin. Covered Call a buy or a sell?

In the last year, there was no coverage of First Asset Can- Fin. Covered Call published on Stockchase.

Is First Asset Can- Fin. Covered Call a good investment or a top pick?

First Asset Can- Fin. Covered Call was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for First Asset Can- Fin. Covered Call.

Why is First Asset Can- Fin. Covered Call stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is First Asset Can- Fin. Covered Call worth watching?

In the last year 0 stock analysts on Stockchase covered First Asset Can- Fin. Covered Call. The stock is worth watching.

What is First Asset Can- Fin. Covered Call stock price?

On , First Asset Can- Fin. Covered Call (FXF-T) stock closed at a price of $.