Sponsored By:
| Dow | 10,318.16 | -14.28 |
| NASDAQ | 2,146.04 | -10.78 |
| S&P | 1,091.38 | -3.52 |
- Events & Appearances
- Special Reports
- Getting Started
- FAQ
- Modify Your Account
- Glossary
- Renew Subscription
- About the Adviser
November 21, 2009
- Subscriptions:
Host Hotel and Resorts (HST) Profits
April 16, 2009ACTION:
Sell 50% of the HST July 5 Calls (HSTGA) for $1.90 or better
Dear Fellow Options Traders,
On April 2, we recommended you buy the Host Hotel and Resorts (HST) July 5 Calls (HSTGA) for 90 cents or more. The stock is up 11% today, and we can sell these calls today for a 110% profit.
As often is the case, we like to take 50% of the position off when it has doubled. Since the institutional trades that got us into the position are still there and there is plenty of time until the July expiry, we hope to take more from the this trade in the future.
We recommend selling half your HST July 5 Calls (HSTGA) for $1.90 or more.
Have a great day trading.
Nick Atkeson and Andrew Houghton
Editors
Options Trader
