Dear Bottarelli Research Member,
I don’t know about you, but it’s always a wonderful feeling to me to kick off a new trading week by locking in two 50% winners. And that’s exactly what we have today. This morning, we locked in a 50% profit by selling half of our PCU January 2011 15 Calls (XBW AC). And now, I’d like to do the same with our NYSE Euronext January 2010 15 Calls (YVX AC).
As you know, we entered these calls on 2/23/2009 for $5.95 per contract, and they just ticked up to $8.70, good for a nice 46.22% gainer. That’s close enough to our 50% profit target, so let’s go ahead and lock in profits on half of our positions now!
PLAY: Sell half of your NYSE Euronext January 2010 15 Calls (YVX AC) at market, good for the day.
Congratulations on your second strong winner of the day!