Take QCOM & WY Profits

Lock in Two Put Gainers

By Bryan Bottarelli
Tuesday, March 20, 2007 9:46 AM EDT
Tue, 20 Mar 2007 13:46:00 GMT

Dear Bottarelli Research Member,

Our downside plays on Qualcomm (QCOM — NASDAQ) and Weyerhaeuser (WY – NYSE) are playing out exactly as planned.

As I write, QCOM is once again trading lower, which has pushed your QCOM April 45 Puts (AAO PI) up to a high of $3.00. At the same time, WY is also pushing lower on the session, which has pushed your WY April 80 Puts (WY PP) up to a high of $3.20. Let’s go ahead and lock in our profits on each position now!

PLAY: Sell your QCOM April 45 Puts (AAO PI) at or above $2.80, good for the day.

PLAY: Sell your WY April 80 Puts (WY PP) at or above $3.10, 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 March 2007