Take AMGN Profits

Lock in 27% Gainer

By Bryan Bottarelli
Monday, October 20, 2008 3:09 PM EDT
Mon, 20 Oct 2008 19:09:00 GMT

*PLAY: Sell your AMGN November 50 Calls (AMQ KJ) at or above $4.70, good for the day.

Dear Bottarelli Research Member,

It looks like we timed our Amgen (AMGN – NASDAQ) beautifully. As I write, the stock is approaching the highs of the session, and the November 50 Calls (AMQ KJ) that we entered for $3.80 have traded as high as $4.80, good for a nice 27% gainer. Let’s go ahead and lock in these profits now!

AMGN

PLAY: Sell your AMGN November 50 Calls (AMQ KJ) at or above $4.70, good for the day.

Congrats on another nice winner. Maintain your remaining positions on HIG, DIA, and WFT going into tomorrow.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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