BG Blasting Off

If You Got It, Take It!

By Bryan Bottarelli
Friday, September 21, 2007 11:57 AM EDT
Fri, 21 Sep 2007 15:57:00 GMT

Dear Bottarelli Research Member,

I must admit, I did not expect to see shares of Bunge (BG – NYSE) rally this aggressively today. When I hit the “send” button on this morning’s alert, the stock was trading higher by $0.80. But as I write now, just over an hour later, shares are trading higher by over $5.00, good for a 5% pop in the stock. As a result, the BG October 100 Calls (BG JT) that I recommended for $4.00 just hit a high of $6.60, good for a lightning-fast 65% gainer. Just look at this great chart:

BG

Now I Openly Admit: The execution of this trade was very fast. This happens with trading sometimes, and there’s nothing that I can do about it. So if you missed this one, do not worry about it. With the strong tailwinds from the Fed’s 50-basis cut at our back, I’m confident that there will be many more profitable trades coming your way in the future. Case in point, our DE October 145 Calls (DE JI) are also looking good this morning, so this position should lead to strong gains next week. But back to BG. If you were fast enough to enter the calls this morning, let’s go ahead and take our profits off the table now!

PLAY: Sell your BG October 100 Calls (BG JT) at or above $6.10, good for the day.

*Future Note: If you should experience a fast-moving play in the future, feel free to pay 10 or 20 cents above my listed buy price — just to ensure that you get into the position. That way, you won’t miss an otherwise great trade trying to pinch pennies.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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