Take AMZN Profits!

Then Move into PNRA

By Bryan Bottarelli
Tuesday, March 30, 2010 10:02 AM EDT
Tue, 30 Mar 2010 14:02:00 GMT

PLAY: Sell your AMZN April 135 Calls (O:AMZN 10D135.00) at market, good for the day.

PLAY: Buy the PNRA April 75 Calls (O:PNRA 10D75.00) at or under $3.40, good for the day. Place a protective stop limit at $2.10 and a pre-determined sniper sell at $5.50.

Dear Bottarelli Research Member,

Good morning. The AMZN April 135 Calls (O:AMZN 10D135.00) that we’re holding for an average entry price of $3.80 have just hit a high of $5.15, good for a 35% gainer. Lock in your profits now!

PLAY: Sell your AMZN April 135 Calls (O:AMZN 10D135.00) at market, good for the day.

Then, reload your upside ledger by moving into Panera Bread (PNRA – NASDAQ). A move past $77.50 indicates that PNRA is ready to make its next upward push. Let’s ride it using April calls!

PLAY: Buy the PNRA April 75 Calls (O:PNRA 10D75.00) at or under $3.40, good for the day. Place a protective stop limit at $2.10 and a pre-determined sniper sell at $5.50.

Also, the GMCR April 95 Calls (O:GMCR 10D95.00) that we’re holding for an average entry price of $2.75 have just hit a high of $3.00. Hold for more upside.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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