Action Alert: Take DXD Profits
Lock in 57% Gainer
PLAY: Sell your DXD September 61 Calls (DXD II) at market, good for the day.
Dear Bottarelli Research Member,
I typically don’t send small-cap alerts on an intra-day basis, but today is a unique situation. You see, in last week’s alert, I recommended increasing your downidse protection by adding September call options on the Ultra Short Dow 30 Pro Shares (DXD – AMEX).
The DXD seeks daily investment results that correspond to twice the inverse of the daily performance of the Dow Jones Industrial Average, which means that a September call play will increase in value as the Dow falls.
On Monday, we entered the DXD September 61 Calls (DXD II) for $2.10 per contract, and as I write you today, these calls have traded as high as $3.30. That’s good for a quick 57.14% gainer. Therefore, let’s lock in these profits now!
Congratulations on a nice “downside protective” winner.
PLAY: Sell your DXD September 61 Calls (DXD II) at market, good for the day.
Sincerely,
© 2012 CSR Group, LLC. All rights reserved. Published in USA.
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