Take UA Profits!

Lock in Overnight Gainer

By Bryan Bottarelli
Wednesday, August 22, 2007 9:41 AM EDT
Wed, 22 Aug 2007 13:41:00 GMT

Dear Bottarelli Research Member,

The Dow has opened 100 points higher, and this has offered a nice little boost to the entire market. As a result, shares of Under Armour (UA – NYSE) have opened up $2.00, which has pushed your UA October 65 Calls (UA JM) all the way up to $9.00. That’s a nice 30% overnight gainer, so let’s take the profits now!

PLAY: Sell your UA October 65 Calls (UA JM) at or above $9.00, good for the day.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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