Action Alert: Lock in HALF Profits on TSO

Lock in 42% Return

By Bryan Bottarelli
Friday, January 16, 2009 11:22 AM EST
Fri, 16 Jan 2009 16:22:00 GMT

PLAY: Sell HALF of your TSO January 2011 5 Calls (ZGC AA) at market, good for the day. Hold the remaining half for more upside.

Dear Bottarelli Research Member,

The chart of Tesoro (TSO – NYSE) continues to be a thing of beauty. As you can see below, TSO continues to push higher, which has pushed your TSO January 2011 5 Calls (ZGC AA) up to a high of $10.70. That’s good for a 42% gain off our original $7.50 entry price! While I continue to love this position going forward, let’s take the cautious approach and lock in HALF of our profits now. After all, in this market, a 42% return is nothing to ignore. Lock it in now!

TSO

PLAY: Sell HALF of your TSO January 2011 5 Calls (ZGC AA) at market, good for the day. Hold the remaining half for more upside.

Congrats on another solid winner.

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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