Booking 107% profits in Spreadtrum Communications (SPRD)

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.
With the market up sharply this morning on the relief rally driven by Europe’s debt deal, your Spreadtrum Communications (SPRD) call options have soared, as well.
You’ve already sold half of your SPRD options for 61% gains. I’m now recommending that you sell your remaining SPRD options to book a 107% gain.
That profit makes your 14th triple-digit percentage gain in Bull Market Alert this year — even as the U.S. market is barely breaking even.
Also, your positions in European banks — National Bank of Greece (NBG) and Bank or Ireland (IRE) — are also up sharply this morning.
 

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After being locked in a trading range reaching back to early August, the S&P 500 Index finally broke through the 1,230 resistance level. That said, the U.S. market pulled back to just that level yesterday, ending the week up only slightly. The MSCI Emerging Markets Index fared only a bit better on the week.

We are now firmly into Q4 -- the quarter in which global markets traditionally perform best. And what a quarter it has been. Since bottoming on Oct. 3, global stock mark

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