The Volatility Trader
105 W. Monument Street
Baltimore, MD 21201
Monday, July 17, 2006
Email – #155
Our Cogent (Nasdaq: COGT) put option play is moving up nicely. Hold it for now.
Here are today’s new recommendations:
Action To Take:
Play 1
Buy the Applied Materials (Nasdaq: AMAT) August $16 call, ANQ HQ, at $0.50 or less. Set your mental stop at $0.35.
Buy the AMAT August $15 put, ANQ TC, at $0.55 or less. Set your mental stop at $0.40.
Play 2
Buy the Saks Inc. (NYSE: SKS) August $16 call, SKS HQ, at $0.45 or less. Set your mental stop at $0.35.
Buy the SKS August $16 put, SKS TQ, at $1.05 or less. Set your mental stop at $0.75.
READ BEFORE INVESTING – Reminders for Every Trade:·
·Don’t cherry pick the list. Do each trade as listed.
·Do equal dollar amounts in each option.
·Follow the trailing stops to the letter.
·Stay on top of the emails and follow the instructions to the letter.
·The prices for each option were checked with a broker before I sent them. Use limit orders for all of your buys. If you can’t get them at the recommended price, don’t buy them. I will adjust the buy price as necessary or cancel the recommendation.
·You will be notified by email when to sell.
Good trading,
Steve
If you have any questions, feel free to call one of our VIP Trading Services representatives at 888.570.9830 (toll-free) or e-mail: viptrader@oxfordclub.com, or contact Pillar One Advisors Ron McCoy, Gunn Allen at 800.720.6576 or Neil Fern, RMB Group at 800.831.3114.
