Take AMX Profits, Part II

Lower Sell Price to $1.60

By Bryan Bottarelli
Friday, March 09, 2007 10:22 AM EST
Fri, 9 Mar 2007 15:22:00 GMT

Dear Bottarelli Research Member,

As expected, this morning’s upside pressure has quickly subsided — which could offer a boost for all our open put positions. But if you still have yet to close out the AMX April 45 Calls (AMX DI), then lower your sell price just to ensure a winning trade.

We entered these calls for $1.30 and they’ve traded as high as $1.85 today — good for a quick 42% gainer. But right now they’re trading for $1.60, so let’s lock in that 23% gain now!

PLAY: Sell your AMX April 45 Calls (AMX DI) at or above $1.60, good for the day.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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