Take BG Profits!

Lock in Quick 30% Gainer

By Bryan Bottarelli
Tuesday, June 24, 2008 9:38 AM EDT
Tue, 24 Jun 2008 13:38:00 GMT

Bottarelli Research Member,

The bounce that we expected on shares of Bunge (BG – NYSE) is playing out this morning. After entering into July 110 Calls (BG GB) for $5.90 on news-driven sell-off, BG is putting in an upside move today which has pushed these calls all the way up to $7.70. That’s good for a 30% overnight gainer, so let’s take these profits now!

PLAY: Sell your BG July 110 Calls (BG GB) at or above $7.50, good for the day

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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