The Options Trader
105 W. Monument Street
Baltimore, MD 21201
Friday, May 28, 2004
Email – #173
** Bombs Away for Profits of 1,100% or More
It’s time to jettison our Lockheed Martin position. There is
nothing but good news coming out of the LMT camp: contract wins
everywhere and great earnings to boot.
It would be a great stock to own. However, we are not in the
business of owning stocks.
Our return on this trade will be between 1,000% and 1,600% (not a
typo), depending on your exit price. Our net cost on this trade
is $0.10 to $0.15 cents.
This is indeed a huge win for us. And we should savor it.
First, here’s what you need to do: Buy back the WLA AK, the
Lockheed Martin Jan. 2006 $55 calls. Then, sell your WLA AJ,
Lockheed Martin Jan. 2006, $50 calls. At current prices your net
return should be $1.80 or higher with a cost of $0.10 to $0.15.
Regards,
Karim Rahemtulla
For those of you who are looking for answers about OIL,
CURRENCIES and PRECIOUS METALS, I invite you to join me at a
conference I am hosting in July in San Diego. We will have some
to the best minds in the business, with proven track records, in
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information http://www.agora-inc.com/reports/300sconf/F300E703/
For more information or to sign up, please call Event Manager
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