Action Alert: Take IAG and NEM Profits!
Dear Bottarelli Research Member,
Let’s take our IAG March 2008 $7.50 Call profits off the table. We entered them earlier this month for $0.80 and they’re now trading at $2.10, so let’s lock in these profits now!
PLAY: Sell your the IAG March 2008 $7.50 Calls for $1.95, good for the day.
Let’s also take our profits on the NEM January 2008 50 Calls (NEM AJ). Just like the IAG trade, we entered them on September 4th for $1.30 and they’re now trading as high as $3.00. Let’s take our profit anywhere above $2.90.
PLAY: Sell your NEM January 2008 50 Calls (NEM AJ) at $2.90, good for the day.
Sincerely,
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