Take RIG Profits

Lock in 13% Gainer

By Bryan Bottarelli
Thursday, May 15, 2008 9:36 AM EDT
Thu, 15 May 2008 13:36:00 GMT

PLAY: Sell your RIG June 150 Calls (RIG FJ) at or above $8.50, good for the day.

Dear Bottarelli Research Member,

After watching our RIG June 150 Calls (RIG FJ) move from $8.90 down to $6.60 in yesterday’s action, I want to use any intra-day pops as an opportunity to exit the position with profits in hand. Therefore, with the stock experiencing a really nice $4.50 jump at the open, let’s go ahead and use this pop to lock in our gains now!

PLAY: Sell your RIG June 150 Calls (RIG FJ) at or above $8.50, good for the day.

I’ll have more alerts as the day progresses. But until then…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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