Sniper Apple Profits Now!

Maintain ADM, FRE, DIA Puts

By Bryan Bottarelli
Wednesday, January 30, 2008 2:32 PM EST
Wed, 30 Jan 2008 19:32:00 GMT

Dear Bottarelli Research Member,

If you haven’t already done so, it’s time to take our “sniper” profits on the AAPL February 135 Calls (APV BG).They’re traded as high as $5.50 today, and this certainly triggers our profit targets. Lock in the gains now!

PLAY: Sniper Sell your AAPL February 135 Calls (APV BG), good for the day.

Also, maintain a $2.40 sell on your ADM March 45 Calls (ADM CI).And continue to hold your FRE February 35 Calls (FRE BG) as well. I’d have to think that the recent upside moves of banks and homebuilders extends over to FRE, and when it does, this position should react accordingly. At the same time, also hold your protective play on the DIA February 120 Puts (DAW NP). If the traders fade this rally, these puts will come back to us in short order.

We’ll continue to lock in quick gainers in this volatile market — and as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

© 2012 CSR Group, LLC. All rights reserved. Published in USA.

Information, opinion, research, and commentary contained herein is obtained from sources believed to be reliable; their reliability, however, cannot be guaranteed. The maxim of Caveat Emptor applies — let the buyer beware. Bottarelli Research does not provide individual investment advice, act as an investment advisor, or individually advocate the purchase or sale of any security or investment.

Investments recommended in this service should be made only after consulting with your investment advisor, and only after reviewing the prospectus or financial statements of the company. Bottarelli Research reserves the right to use e-mail endorsements and/or profit claims from its subscribers for marketing purposes. All names will be kept anonymous and only subscriber’s initials will be used unless express written permission has been granted to the contrary.

CSR Group, LLC expressly forbids its writers from having a financial interest in any security recommended to readers. Furthermore, all employees and agents of CSR Group, LLC and its affiliate companies must wait 24 hours before following a published recommendation.

Bottarelli Research alerts contain time-sensitive information, and are published and distributed to members with urgency. Because of this, not all published materials can be adequately proofread, and an occasional spelling or grammar error may exist.


Other Options Alerts From January 2008