Let’s Take It

Sell HHH Puts for 16.6% Profits

By Bryan Bottarelli
Thursday, May 18, 2006 9:52 AM EST
Thu, 18 May 2006 14:52:00 GMT

PLAY: Sell the HHH June 55 Puts (HHH RK) at or above $4.20, good for the day.

Dear Bottarelli Research Member,

This morning, the markets are making a slight attempt to rally off yesterday’s incredible sell-off, but it’s certainly not an impressive show of solidarity.

While most of the top stocks I watch are indeed up, their gains are not nearly as impressive as they could be. One sector not participating in the slight upside is the internet sector — as displayed by the HHH showing a slight loss this morning.

As I write, the HHH June 55 Puts you entered for $3.60 are trading between $4.20 and $4.30. Given the recent market volatility, let’s take the quick gains and take our money off the table!

PLAY: Sell the HHH June 55 Puts (HHH RK) at or above $4.20, good for the day.

Lock and load,

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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