Special Update: July 15, 2013

Special Update:  July 15, 2013

 

In case you missed it, we hit another big winner last week.  Our Potash (POT) August $38 calls crossed the 100% threshold on Thursday.  As a reminder, since our offices were closed last week, I recommended we sell if we hit 100% or higher on these calls while I was away.

So, go ahead and sell the calls if you haven’t yet done so.  (They’re still big winners and still trading over 100% higher).  For those of you who sold on Thursday, I’m not sure when you pulled the trigger, so I’m using the option’s closing price for our official records.  That puts our sales price at $2.40 for gains of 133%.  Nice job on another big winner!

Keep an eye out for a new trade tomorrow or Wednesday.  And, I’ll still be sending out the normal weekly update on Thursday.

 

Category: OTW Weekly Updates