Take MRO Profits

Set Sell Orders Now

By Bryan Bottarelli
Monday, October 30, 2006 9:39 AM EST
Mon, 30 Oct 2006 14:39:00 GMT

Dear Bottarelli Research Member,

Good morning. With oil prices down $1.00 in pre-market activity combined with Marathon Oil (MRO – NYSE) reporting earnings later this week, I don’t want to take any chances with the profits we currently have on the position. With MRO opening the day lower, let’s go ahead and lock in our gains on the MRO November 85 Puts (MRO WQ).

PLAY: Sell your MRO November 85 Puts (MRO WQ) at or above $2.50, good for the day.

I have a few other “goodies” up my sleeve for later in the day, but I just wanted to get this quick sell alert out first thing in the morning. More later,

Lock and load

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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