Take OPEN Profits

Lock In Quick Winner

By Bryan Bottarelli
Thursday, May 19, 2011 9:42 AM EDT
Thu, 19 May 2011 13:42:00 GMT

PLAY: Sell your OPEN June 90 Calls (O:OPEN 11F90.00) at or above $6.10, good for the day.

Dear Bottarelli Research Member,

Good morning. Let’s start the day off on the right foot by taking advantage of the opening-session weakness and locking in profits on our OPEN June 90 Calls (O:OPEN 11F90.00). As you know, we entered these calls yesterday for $5.25 and now they’ve hit a high of $6.40. Let’s ring the register now!

PLAY: Sell your OPEN June 90 Calls (O:OPEN 11F90.00) at or above $6.10, good for the day.

NOTE: The market makers are being tricky here, so don’t place a market order. Shoot for exit prices above $6.10.

As always, we’ll keep you fully informed on your other positions as the day progresses.

But until then…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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