DXD Calls Trigger at $10.50

Lock in 54% Gainer Now!

By Bryan Bottarelli
Thursday, November 06, 2008 9:39 AM EST
Thu, 6 Nov 2008 14:39:00 GMT

PLAY: Sell your DXD November 65 Calls (DXD KM) at market, good for the day

Dear Bottarelli Research Member,

Good morning. Although it’s been a choppy open, the markets are opening today’s session in the red. This is good news for our DXD November 65 Calls (DXD KM). As you know, we entered these calls on November 4th for $6.80, and this morning, they’ve officially triggered our pre-determined sniper sell at $10.50. That’s good for a 54% gainer! If you haven’t already done so, lock in your profits now!

PLAY: Sell your DXD November 65 Calls (DXD KM) at market, good for the day.

At the same time, let’s continue to maintain our DRYS December 22.5 Calls (OOC LX), BA November 50 Puts (BA WJ), VZ November 32.5 Puts (VZ WZ), and X November 40 Calls (X KH).I expect to see continued volatility, and I want to ensure that we’re properly positioned to ride either side of it. As always, I’ll be out with further updates ad the day progresses. But until then…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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