Add WHR Puts

Adding Puts at Resistance

By Bryan Bottarelli
Wednesday, February 24, 2010 11:03 AM EST
Wed, 24 Feb 2010 16:03:00 GMT

PLAY: Buy the WHR March 80 Puts (O:WHR 10O80.00) at or under $1.60, good for the day. Place a protective stop limit at $0.90 and a pre-determined sniper sell at $3.00.

Dear Bottarelli Research Member,

Since I outlined the WHR argument in your last alert, we can keep this one simple. Use this market bounce to add puts on Whirlpool (WHR- NYSE) now!

PLAY: Buy the WHR March 80 Puts (O:WHR 10O80.00) at or under $1.60, good for the day. Place a protective stop limit at $0.90 and a pre-determined sniper sell at $3.00.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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