Take TSO Profits!

Lock in 28% Gainer

By Bryan Bottarelli
Thursday, September 25, 2008 3:35 PM EDT
Thu, 25 Sep 2008 19:35:00 GMT

PLAY: Sell your TSO October 20 Calls (TSO JD) at or above $1.50, good for the day.

Dear Bottarelli Research Member,

It’s been quite a ride for our TSO October 20 Calls (TSO JD), but thankfully, it’s now time to lock in our profits. As you know, we’ve entered these calls anywhere between $0.60 and $1.20. In fact, my listed average entry price is $1.25 per contract (after adding to our position). But like I’ve maintained all along, TSO was grossly undervalued and due for a price pop. In fact, I still think the shares are a steal, but in the market, we need to remain as nimble as possible. Therefore, with your calls now trading as high as $1.60 per contract, it’s time to take your money and run. Lock in your profits now, and congrats on a winner that entailed you sticking to your guns and coming out ahead. Great trading!

TSO

PLAY: Sell your TSO October 20 Calls (TSO JD) at or above $1.50, good for the day.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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