Option Investor
Newsletter

ADDITIONS TO MARCH RECOMMENDED LIST - CAL TOMO

HAVING TROUBLE PRINTING?
Printer friendly version

ADDING TWO (2) put write positions to our MARCH RECOMMENDED LIST

We are recommending put writes in the following issues:

CAL - Continental Airlines, Inc.
an air carrier, engages in transporting passengers, cargo, and mail. The company directly serves destinations throughout Europe, Canada, Mexico, Central and South America, and the Caribbean, as well as Tel Aviv, Hong Kong, and Tokyo. It also provides services in the western Pacific, including service to various Japanese cities. As of December 31, 2004, Continental Airlines flew to 130 domestic and 113 international destinations, and offered additional connecting service through alliances with domestic and foreign carriers.


TOMO - TOM Online, Inc.
provides multimedia products and services. It delivers its products and services from its Internet portal to the users through their mobile phones and through the company's Web sites. TOM Online's primary business activities include wireless Internet services and online advertising. The company's wireless Internet services comprise wireless Internet data services and wireless Internet voice services. Its wireless data services include short messaging services, multimedia messaging services, and wireless application protocol services.


These are the specific put write recommendations:

CAL 23.24
SELL CAL MAR SYM: CAL-OD
Target Price $25.00 20 Put
Potential Profit(10 x = $250.00
Initial Margin $4,898 10 (contracts)
Return on Investment 5.10%
Cost Basis in Stock = $19.75
Days to Expiration = 20
Stock goes on Watch List Price at: $22.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $20.00

TOMO $22.09
SELL TOMO MAR SYM: QWX-OD
Target Price $35.00 20 Put
Potential Profit(10 x = $350.00
Initial Margin $4,768 10 (contracts)
Return on Investment 7.34%
Cost Basis in Stock = $19.65
Days to Expiration = 20
Stock goes on Watch List Price at: $21.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $20.00


When these positions are filled this will bring our MARCH RECOMMENDED LIST
to nine (9) positions


OPEN ORDER

ILSE

Option Writers Newsletter Archives