Lock in DXD and FLR Profits

Take 23% and 48% Gainers

By Bryan Bottarelli
Monday, June 22, 2009 10:06 AM EDT
Mon, 22 Jun 2009 14:06:00 GMT

PLAY: Sell your DXD July 46 Calls (DXD GT) at market, good for the day.

PLAY: Sell your FLR July 50 Puts (FLR SJ) at market, good for the day.

Dear Bottarelli Research Member,

Shortly after sending out this morning’s alert, I got the sense that the bulls could buy at the two support levels that I mentioned earlier. The key word is “could.” But nevertheless, there is no point to putting our current profits at risk. We have gains of 23% and 48% in hand. Let’s lock in our gains now!

PLAY: Sell your DXD July 46 Calls (DXD GT) at market, good for the day.

PLAY: Sell your FLR July 50 Puts (FLR SJ) at market, good for the day.

Right now, this is the safest and most prudent tactical strategy. We can always re-enter more puts on any more weakness. But for now, take the money and run!

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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