The LEAPS Option Trader
105 W. Monument Street
Baltimore, MD 21201
Friday, November 18, 2005
#290
** Sell Emdeon Calls
Sell your calls on Emdeon (Nasdaq: HLTH). We recently took a position with the company due to strong insider buying. However, Emdeon announced today that it has lowered its guidance for 2006.
We may look for another entry in the future, but for now, unwind this position.
Action to Take:
Sell the Emdeon January 2008 $10 call options (WGQ AB).
Regards,
Karim Rahemtulla
Bio:
Karim Rahemtulla is the former Investment Director of The Oxford Club. The editor of The Smart Options E-Report, The Income Trader – A Covered Call Strategy and The LEAPS Option Trader, Karim is also a regular contributor to The Oxford Club Communiqué. His highly successful trading systems use covered calls and LEAPS to boost returns on blue chip stocks, and during the bear markets of 2000 and 2001, his picks outperformed the major market averages. Educated in England, Canada and the U.S. and fluent in several languages, Karim travels the world to find the best investment opportunities for our members.
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