Take BSC Profits Too!

Lock in Another Quick Gainer

By Bryan Bottarelli
Monday, October 15, 2007 9:55 AM EDT
Mon, 15 Oct 2007 13:55:00 GMT

Dear Bottarelli Research Member,

After locking quick gains on our FLR November 160 Calls (FLR KL), I think it’s also time to lock in gains on our BSC November 125 Puts (BSC WE).

BSC

Chart-wise, its’ easy to make a bearish case for BSC re-testing its 50-day moving average at $115, but nevertheless, I think the most prudent trading action is to maintain our “nimble” tactics and lock in our gains now!

PLAY: Sell your BSC November 125 Puts (BSC WE) at or above $8.20, good for the day.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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