A Speculative Play

Add MON Calls

By Bryan Bottarelli
Wednesday, November 19, 2008 3:15 PM EST
Wed, 19 Nov 2008 20:15:00 GMT

PLAY: Buy the MON December 75 Calls (MON LO) at or under $6.20, good for the day. Place a protective stop limit at $3.10 and a pre-determined sniper sell at $10.00.

Dear Bottarelli Research Member,

First off, congrats on today’s trading. We already locked in profits on our Verizon puts, and we’re also on the verge of locking in profits on our Costco puts. At the same time, our VNO December 45 Puts (VNO XI), issued earlier today, are already up 20%.

Not only that, but if you’re part of our sister service Bottarelli Research LEAPS, the news gets even better. You see, in addition to the winners from above, we also locked in two 100% gainers on AutoZone January 100 Puts (AZO MT) and Zale Corp. February 20 Puts (ZLC ND). The ZLC and AZO charts below tell you everything you need to know:

AZO

ZLC

If you are not yet a member of Bottarelli Research LEAPS, I strongly encourage you to expand your Bottarelli Research investment arsenal and join this group. In fact, we’re running a special membership offer that gives current Bottarelli Research members 6 months of LEAPS service for only $950. If interested, you can find more information on our LEAPS service below (special 6-month offer noted with a red star):

http://www.bottarelliresearch.com/leaps/?3VFP1RYGJT

But now back to business. I’ve been watching Monsanto (MON – NYSE) very closely, as I’ve mentioned in previous alerts. In today’s session, shares have moved down to the support level at $70.00, and I think it’s time to buy. MON can move up quickly, especially if we see another one of these late-session rallies that seem to come out of nowhere. Therefore, let’s make a speculative play and add MON December calls to our ledger now!

MON

PLAY: Buy the MON December 75 Calls (MON LO) at or under $6.20, good for the day. Place a protective stop limit at $3.10 and a pre-determined sniper sell at $10.00.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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