Wednesday, July 29, 2009

4 Active Recommendations from The Complete Option Report

#1 Recommended Active Options Trade: Shuffle Master (SHFL)

SHFL broke above resistance at $7 and should move higher if stocks continue to rally. Here is the best way to play more strength in Shuffle Master?

I recommend that you buy the Shuffle Master (SHFL) Sep 7.5 Call (SFQIU) up to 70 cents ($70 per contract).

#2 Recommended Active Options Trade: Cheesecake Factory (CAKE)

CAKE broke above heavy resistance at $18 and looks like it wants to go higher. Here is the best way to play more strength in Cheesecake Factory?

I recommend that you buy the Cheesecake Factory (CAKE) Sep 20 Call (CFQID) up to $1.20 ($120 per contract).

After taking the position, enter a ?good til cancelled? order to take profits on half your position if the stock hits its target price of $21.40. That should give you an option price of about $2.50, for a 108% profit. Let the rest ride for possible future gains using a 3% trailing stop on the underlying stock.

#3 Active Options Trade: I recommend that you buy the Steak n Shake (SNS) Sep 12.5 Call (SNSIV) up to 40 cents ($40 per contract).

After taking the position, enter a ?good til cancelled? order to take profits on half your position if the stock hits its target price of $11.90. That should give you an option price of about 80 cents, for a 100% profit. Let the rest ride for possible future gains using a 3% trailing stop on the underlying stock.

#4 Active Options Trade: I recommend that you buy the Tyson Foods (TSN) Oct 10 Put (TSNVB) up to 40 cents ($40 per contract).

After taking the position, enter a ?good til cancelled? order to take profits on half your position if the stock hits its target price of $10.40. That should give you an option price of about 80 cents, for a 100% profit. Let the rest ride for possible future gains using a 3% trailing stop on the underlying stock.

This is likely the last time you'll get four free active trading recommendations plus Ken's Option Market Commentary.

Historically this has been high profit advice which I am certain you'd like to get twice weekly into the future.

No comments: