Take Profits on Verizon

Alert – #252

We’ve been looking for a market pullback, and we finally got it. Let’s lock in profits on all of our Verizon (NYSE: VZ) position.

More explanation will arrive later!

Action to take (Stock):

1. Take profits on all of the Verizon (NYSE: VZ) shares by covering your short sale.

Action to take (Options):

If you own options:

1. Take profits on your options position by selling to close the VZ March $37.50 strike puts (VZ-OU).

Great Trading,

D. R.