Take BBY Profits!

Lock in 27% Gainer

By Bryan Bottarelli
Thursday, March 25, 2010 9:58 AM EDT
Thu, 25 Mar 2010 13:58:00 GMT

PLAY: Sell your BBY April 42 Calls (O:BBY 10D42.00) and BBY April 41 Puts (O:BBY 10P41.00) at market, good for the day.

Dear Bottarelli Research Member,

To follow up on our last alert, shares of Best Buy (BBY – NYSE) have shrugged off some early weakness and are now setting new intra-day highs. As a result, the basket of BBY April 42 Calls (O:BBY 10D42.00) and BBY April 41 Puts (O:BBY 10P41.00) that we entered for a total price of $2.52 has now moved up to $3.20, good for a quick and easy 27% earnings-based gainer. Use this opportunity to lock in your profits now!

PLAY: Sell your BBY April 42 Calls (O:BBY 10D42.00) and BBY April 41 Puts (O:BBY 10P41.00) at market, good for the day.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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