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The LEAPS Trader105 W. Monument StreetBaltimore, MD 21201 Friday, May 25, 2007 Email – #376 ** Time Is Not On Our Side It’s time to go out to 2009 on some of our positions. If you’re not in these positions at all, please take this update as a new recommendation. Here’s what you need to…
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The LEAPS Trader105 W. Monument StreetBaltimore, MD 21201 Tuesday, May 22, 2007 Email – #375 ** New Highs Aplenty The bulls are running and so is our portfolio of LEAPS. Chesapeake (NYSE: CHK) is back on track and trading with strength going into the summer, just where we want to be. Because this is a…
The Volatility Trader105 W. Monument StreetBaltimore, MD 21201 Monday, May 21, 2007 Email – #268 Volatility Trader Alert Dear Subscriber, On Friday, we attempted to buy the Bunge (NYSE: BG) July 2007 $80 calls (BG-GP) at $2.80, or better . However, the stock rallied at the same time as my e-mail was being delivered, and…
The Volatility Trader105 W. Monument StreetBaltimore, MD 21201 Friday, May 18, 2007 Email – #267 Another Big Winner: 175% in James River Coal Dear Subscriber, Please close the remaining half of James River Coal (Nasdaq: JRCC). At the current bid of $5.50, it’s a 175% gain. I’m very happy with the James River Coal gain,…
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The LEAPS Trader105 W. Monument StreetBaltimore, MD 21201 Tuesday, May 15, 2007 Email – #374 ** Sell Your GM Puts Sell your General Motors (NYSE: GM) January 2008 $27.50 put options (WGM MY). The shares almost broke our critical support level of $29 last week, and looked to be heading lower until private equity swooped…
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The Volatility Trader105 W. Monument StreetBaltimore, MD 21201 Thursday, May 10, 2007 Email – #266 Volatility Trader Alert Dear Subscriber, I am very happy with the way the portfolio is moving Today, close 1/2 of your James River Coal (Nasdaq: JRCC) June 2007 $7.50 calls (JQM-FU) for a 90% gain! Another huge winner! Also, we…
The LEAPS Trader105 W. Monument StreetBaltimore, MD 21201 Thursday, May 10, 2007 Email – #373 ** Look Out Below If General Motors (NYSE: GM) breaks $29, look out below. GM has strong support at the $29 level going back several months. If it breaks that price, it could trade down to the mid $20s very…