Option Investor
Newsletter

TWO ADDITIONALRECOMMENDATIONS FOR OUR JANUARY LIST

HAVING TROUBLE PRINTING?
Printer friendly version

The following put writes are being added to our January Recommended list

We are recommending the sale of puts on the following issues


WMB - The Williams Companies, Inc.
engages in finding, producing, gathering, processing, andtransporting natural gas. The company operates in four segments: Gas Pipeline, Exploration and Production, Midstream Gas and Liquids, and Power. The Gas Pipeline segment comprises interstate natural gas pipelines, as well as investments in natural gas pipeline-related companies. The Gas Pipeline segment includes Northwest pipeline, which extends from the San Juan Basin in northwestern New Mexico and southwestern Colorado to Oregon and ashington, and Transcontinental gas pipe line,which extends from the Gulf of Mexico region to the
northeastern United States.


GGR - GeoGlobal Resources, Inc.
a development stage company, through its subsidiaries, engages in the exploration and production of oil and natural gas in India. It primarily has interests and operates in the oil fields located in Krishna-Godavari Basin and Cambay Basin. The company was formed in 2002 and is headquartered in Calgary, Canada.


We are recommending the following specific put writes:

SELL WMB JAN SYM: WMB-MX
Target Price $30.00 22.5 Put
Potential Profit(10 x = $300.00

Initial Margin $5,066 10 (contracts)
Return on Investment 5.92%
Cost Basis in Stock = $22.20
Days to Expiration = 40
STOP EXIT STRATEGY
Close option position if Stock drops to => 22.50

SELL GGR JAN SYM: GGR-MB
Target Price $30.00 10 Put
Potential Profit(10 x = $300.00
Initial Margin $2,894 10 (contracts)
Return on Investment 10.37%
Cost Basis in Stock = $9.70
Days to Expiration = 40
STOP EXIT STRATEGY
Close option position if Stock drops to => 10.00


If these positions are filled it will bring out January Recommended list to
nine (9) positions.

Option Writers Newsletter Archives