Take SDS Profits!

That Didn’t Take Long

By Bryan Bottarelli
Wednesday, July 30, 2008 12:52 PM EDT
Wed, 30 Jul 2008 16:52:00 GMT

PLAY: Sell your SDS August 65 Calls (SDS HM) at or above $3.80, good for the day.

Dear Bottarelli Research Member,

Our strategy of shorting this morning’s rally is playing out exactly as we expected.

After entering the SDS August 65 Calls (SDS HM) this morning for $2.80, they’ve gradually been ticking up throughout the session. And as I write, they just crossed the tape for $3.82, officially triggering our pre-determined sniper sell at the 35% profit level. If you have not already done so, lock in your profits now!

PLAY: Sell your SDS August 65 Calls (SDS HM) at or above $3.80, good for the day.

Congrats on another quick winner. 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 July 2008