Take FAZ Profits!

Lock in Overnight Gainer

By Bryan Bottarelli
Wednesday, September 02, 2009 9:35 AM EDT
Wed, 2 Sep 2009 13:35:00 GMT

PLAY: Sell your FAZ September 25 Calls (FAY IY) at market, good for the day.

Dear Bottarelli Research Member,

Good morning. As a continuation of yesterday’s fall, the major market averages are once again opening to the downside, lead by high-beta financial stocks. As a result, the FAZ September 25 Calls (FAY IY) that we entered yesterday for $2.45 have opened at a high of $3.50, good for a strong 42.8% gainer. Let’s take the money and run!

PLAY: Sell your FAZ September 25 Calls (FAY IY) at market, good for the day.

Congratulations on a nice overnight winner. And as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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