Take RIG Profits Now

Lock in 20% Gainer

By Bryan Bottarelli
Wednesday, June 18, 2008 10:43 AM EDT
Wed, 18 Jun 2008 14:43:00 GMT

PLAY: Sell your RIG July 150 Calls (RIG GJ) at or above $6.50, good for the day.

Dear Bottarelli Research Member,

As President Bush called to lift the ban on offshore drilling, shares of RIG have traded all over the map. As I write, the stock us up $2.00, and this has pushed your RIG July 150 Calls (RIG GJ) up to a high of $6.70. That’s good for a 21% gain, so let’s not mess around. Let’s lock in these profits now!

PLAY: Sell your RIG July 150 Calls (RIG GJ) at or above $6.50, good for the day.

At the same time, continue to maintain your COP July 100 Calls (COP GT) and your STLD July 40 Calls (RQL GH).

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And as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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