Take GMCR and ATPG Profits!

Lock in 50% and 60% Gainers

By Bryan Bottarelli
Tuesday, October 06, 2009 9:34 AM EDT
Tue, 6 Oct 2009 13:34:00 GMT

PLAY: Sell your ATPG October 17.50 Calls (HKU JW) at market, good for the day.

PLAY: Sell your GMCR October 70 Calls (QGM JN) at market, good for the day.

Dear Bottarelli Research Member,

Good morning. The major market averages have extended yesterday’s gains by opening higher across the board, with gains in gold, oil, and other commodities leading the way.

As a result, the ATPG October 17.50 Calls (HKU JW) that we entered for $1.00 have hit a high of $1.50, good for a 50% gainer. Go ahead and lock in these profits now!

PLAY: Sell your ATPG October 17.50 Calls (HKU JW) at market, good for the day.

At the same time, go ahead and lock in your profits on your GMCR October 70 Calls (QGM JN).As you know, we entered these calls for $2.80 and they’ve opened today at $4.50. Take the 60% gainer now!

PLAY: Sell your GMCR October 70 Calls (QGM JN) at market, good for the day.

As always, I’ll follow up as the trading day progresses. Until then…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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