Take POT Profits!

Lock in Another Quick Gainer

By Bryan Bottarelli
Tuesday, September 29, 2009 10:36 AM EDT
Tue, 29 Sep 2009 14:36:00 GMT

PLAY: Sell your POT October 90 Puts (PYP VR) at market, good for the day.

Dear Bottarelli Research Member,

The “Balancing Out with Puts” strategy that we implemented yesterday using Potash of Saskatchewan (POT – NYSE) is working in our favor. As I write, the POT October 90 Puts (PYP VR) that we entered for $2.80 have hit a high of $3.30, good for a fast 17.8% gainer. Once again, our strategy of being quick and nimble in our trading actions is working, so let’s keep it rolling. Go ahead and lock in your POT profits now!

POT

PLAY: Sell your POT October 90 Puts (PYP VR) at market, good for the day.

This leaves us holding only the AEM October 65 Calls (AEM JM), in anticipation of a coming gold bounce. Hold for more gains.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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