Take CF Profits

Lock in Quick Gainer

By Bryan Bottarelli
Wednesday, September 03, 2008 9:32 AM EDT
Wed, 3 Sep 2008 13:32:00 GMT

PLAY: Sell your CF September 135 Puts (CF UV) at or above $6.50, good for the day.

Dear Bottarelli Research Member,

Good morning. We have a continued un-winding within the commodity sector this morning, and I want to use this to our full advantage. Therefore, let’s go ahead and lock in profits on our CF September 135 Puts (CF UV). As you know, we entered these puts yesterday for $5.00 and they just crossed the tape at $6.70, good for a quick 34% gainer. Lock in these profits now!

PLAY: Sell your CF September 135 Puts (CF UV) at or above $6.50, good for the day.

At the same time, maintain your GENZ September 80 Calls (GAA IP) and your BX September 20 Puts (BX UD). I’ll be our later in the session with more updates. Until then…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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