Take Profits on Cogent

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The Volatility Trader
105 W. Monument Street
Baltimore, MD 21201

Tuesday, July 18, 2006

Email – #159

** Take Profits on Cogent

Let’s take profits on our Cogent (Nasdaq: COGT) August $15 put, QAO TC. The last trade was at $2, the bid is currently $1.90.

Let’s take the money and run. Our net for this play is 20%.

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.

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