Take SUN Profits, Part II

Gains Extend to 26.82% Overnight!

By Bryan Bottarelli
Tuesday, December 19, 2006 9:43 AM EST
Tue, 19 Dec 2006 14:43:00 GMT

Dear Bottarelli Research Member,

Yesterday at the close, we tried to sell our SUN January 65 Puts (SUN MM) at or above $2.45 per contract, which would have locked in a one-day gain of 20%. Unfortunately we did not get that order filled at the close, so we maintained the order into the open of trading today — and this proved to be a great move.

At the open of trading, oil is once again down — which is pushing shares of SUN down with it. On the dip, your SUN January 65 Puts (SUN MM) have opened the day trading between $2.55 and $2.65, good for a 26.82% overnight gain! If you haven’t already done so, lock in your profits now!

PLAY: Sell your SUN January 65 Puts (SUN MM) at or above $2.45, good for the day.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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