Take Profits

AIRM Calls Hit $1.35

By Bryan Bottarelli
Wednesday, August 23, 2006 9:58 AM EST
Wed, 23 Aug 2006 14:58:00 GMT

Dear Bottarelli Research Member,

I’ll keep this short. At the open of today’s trading, your Air Methods September 25 Calls (UDU IE) have traded as high as $1.35. That’s a nice 28.57% gain from our $1.05 entry price on Monday.

Even though AIRM stock is not shooting aggressively higher, it looks like we picked up the September 25 calls at the right time, as floor traders are now hesitant to drop them much lower than the $1.05 we paid. Let’s take advantage of this by taking profits on our calls today.

PLAY: Sell the AIRM September 25 Calls (UDU IE) at or above $1.30, good for the day.

Lock and load

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

© 2012 CSR Group, LLC. All rights reserved. Published in USA.

Information, opinion, research, and commentary contained herein is obtained from sources believed to be reliable; their reliability, however, cannot be guaranteed. The maxim of Caveat Emptor applies — let the buyer beware. Bottarelli Research does not provide individual investment advice, act as an investment advisor, or individually advocate the purchase or sale of any security or investment.

Investments recommended in this service should be made only after consulting with your investment advisor, and only after reviewing the prospectus or financial statements of the company. Bottarelli Research reserves the right to use e-mail endorsements and/or profit claims from its subscribers for marketing purposes. All names will be kept anonymous and only subscriber’s initials will be used unless express written permission has been granted to the contrary.

CSR Group, LLC expressly forbids its writers from having a financial interest in any security recommended to readers. Furthermore, all employees and agents of CSR Group, LLC and its affiliate companies must wait 24 hours before following a published recommendation.

Bottarelli Research alerts contain time-sensitive information, and are published and distributed to members with urgency. Because of this, not all published materials can be adequately proofread, and an occasional spelling or grammar error may exist.


Other Options Alerts From August 2006