Pre Market Alert: CROX Blastoff!

Take Huge Profits

By Bryan Bottarelli
Friday, July 27, 2007 9:22 AM EDT
Fri, 27 Jul 2007 13:22:00 GMT

Dear Bottarelli Research Member,

What a way to finish the week!

After raking in dynamite profits yesterday on a series of put plays, we find ourselves waking up this morning with another sizable winner — as our so-called “go guts, no glory” play on CROX looks to deliver staggering returns.

As I write, the plastic footwear maker is up 19% (an $8.90 pop!) after tripling its second-quarter per-share income. Revenues hit $224.3 million compared to $48.5 million one year ago, and this blockbuster earnings report allowed CROX to sharply raise their 2007 top and bottom line forecasts.

This incredible news should hand you quite a large winner on your Crocs August 50 Calls (CQJ HJ).We entered these calls on July 24th for $3.40, and I estimate that they’ll open the day around $9.00 per contract. Perhaps even more. So in this case, I want you to take your CROX profits within the first hour of trading. Since this is a pre-market alert, I don’t yet know what price the calls will open for. Therefore, I cannot give you an exact sell price, so use your better judgment and lock in your CROX winner for the best prices you can within the first hour of trading!

PLAY: Sell your Crocs August 50 Calls (CQJ HJ) for the best prices you can within the first hour of trading.

Also, the International indices (as expected) are selling off in reaction to yesterday’s 300-point Dow sell off. Japan’s Nikkei is down over 400 points and the Hang Seng is down over 600 points, so this could spark more weakness in the FXI. Maintain your FXI August 135 Puts (FAH TE).

And if you get a moment this morning, shoot me an email at bryan@bottarelliresearch.com and tell me how you did on CROX and all of the puts from yesterday. And above all, congrats on closing off the week on a very, very strong note. As always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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