Add WFM Calls

Poking Above $68

By Bryan Bottarelli
Monday, October 10, 2011 9:52 AM EDT
Mon, 10 Oct 2011 13:52:00 GMT

PLAY: Buy the WFM October 67.50 Calls (O:WFM 11J67.50) at or under $2.50 (or best price), good for the day. Place a protective stop limit at $1.40 and a pre-determined sniper sell at $4.60.

Dear Bottarelli Research Member,

Sticking with what we know, let’s also jump into Whole Foods (WFM – NYSE). With shares now poking their head above the $68 level, this could easily spark a pop up to $70 and above. Let’s be ready to play this move now!

PLAY: Buy the WFM October 67.50 Calls (O:WFM 11J67.50) at or under $2.50 (or best price), good for the day. Place a protective stop limit at $1.40 and a pre-determined sniper sell at $4.60.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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