Booking 84.95% and 66.67% Gains in Options

After the market’s strong recent run, I am recommending that you book some of your strong recent gains before we enter the traditionally weak September period.

  1. Close your bet on the Russian bounce by selling your position in Mobile Telesystems (MBT) for a 9.86% gain. Also sell your September $19 call options (MBT140920C00019000) for a 66.67% gain.
  2. Sell the ProShares Ultra Real Estate (URE) to lock in an 8.91% gain.
  3. Finally, sell your ProShares UltraPro Dow30 (UDOW) to lock in a 9.92% gain on this textbook bounce off of the 200-day moving average. Book your 84.95% gains in your related October $166 DIA call options (DIA141018C00166000) as well.

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.  

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