Play NIHD Calls

An Upside Breakout Play

By Bryan Bottarelli
Thursday, June 05, 2008 11:19 AM EDT
Thu, 5 Jun 2008 15:19:00 GMT

PLAY: Buy the NIHD June 50 Calls (QHQ FJ) at or under $2.90, good for the day.

Dear Bottarelli Research Member,

Over the last year, I’ve been playing a number of new companies via my Bottarelli Reseach LEAPS service, and one of those companies is NII Holdings (NIHD – NASDAQ).Today, I’d like to offer you an opportunity to make a play on an upside breakout on NIHD, as the current chart formation could quickly pop higher and I don’t want to wait on this.

As a subsidiary of Nextel, NIHD is a wireless communications company offering services in rapidly-growing emerging markets like Mexico, Brazil, Argentina, Peru, and Chile. These International telecom stocks (like MICC and AMX as well) have been red hot lately, and today’s NIHD charts signals an upside breakout above the 200-day moving average. As you can see, shares of NIHD have just crossed over their previous high at $50.00, and this indicates that shares could break out aggressively to the upside at any time.

NIHD

Now, the reason I particularly like NIHD is because the stock has the ability to make large price moves, yet the options are still quite cheap. Looking specifically at the NIHD June 50 Calls (QHQ FJ), you’ll notice that they’re $1.40 in the money yet only trading for $2.60 per contract. That’s quite a good deal for a high-beta stock like NIHD, so let’s enter into a position now!

PLAY: Buy the NIHD June 50 Calls (QHQ FJ) at or under $2.90, good for the day. Place a protective stop limit at $1.30 and a pre-determined sniper sell at $3.80.

FOR 27 MONTHS, YOU’VE ASKED FOR THIS: NOW IT’S FINALLY HERE!

Since the day I launched Bottarelli Research, I’ve gotten the same question at least 3-4 times per week: “Can You Launch a LEAPS Service?” Now, for the first time ever, I’ve combined the wealth-generating secrets I learned on the CBOE with the powerful wealth secrets of Swiss Bankers — and the result is a powerful new service called Bottarelli Research LEAPS. As an active Bottarelli Research member, you get the first opportunity to become a Charter Member to Bottarelli Research LEAPS, so click your “Private Charter Member” invitation link below for full details:

http://www.bottarelliresearch.com/leaps/?T78931J079

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 June 2008