Take EXM Profits

Lock in Overnight Gainer

By Bryan Bottarelli
Tuesday, October 16, 2007 9:33 AM EDT
Tue, 16 Oct 2007 13:33:00 GMT

Dear Bottarelli Research Member,

With the market opening the session lower, I think it’s a smart idea to lock in profits on our EXM November 75 Calls (EXM KO). As you recall, this was our fast-moving trade from yesterday that we entered anywhere between $7.30 and $7.90 per contract. With the stock trading $2.27 higher in pre-market activity and opening the session to the upside, these calls have already traded as high as $8.80 today. Let’s lock in these gains now!

EXM

PLAY: Sell your EXM November 75 Calls (EXM KO) at or above $8.60, good for the day.

*NOTE: If you were unable to get into this trade, please do not worry about it. This happens sometimes with trading. Based on all of the signals I’ve been receiving in October, there will be plenty of new profitable trades coming your way! As always, I’ll be sending further updates as the day progresses, but until then:

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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