Opening Session Breakdown

Take Put Profits Now!

By Bryan Bottarelli
Thursday, July 26, 2007 9:42 AM EDT
Thu, 26 Jul 2007 13:42:00 GMT

Dear Bottarelli Research Member,

With the markets making a violent push to the downside, I don’t have a lot of time to chat. Let’s use this opening-session weakness to lock in gains on our puts!

PLAY: Sell your X August 105 Puts (X TA) at or above $6.10, good for the day.

PLAY: Sell your BSC August 30 Puts (BSC TF) at or above $8.10 good for the day.

Also, as I mentioned yesterday, let’s continue to hold the CROX August 50 Calls. CROX was up over $3.00 in after-market trading before the major market averages turned south, so we could still witness a nice pop here. Let’s maintain this position for more upside.

Congrats on your puts gains — and as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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