Option Investor
Newsletter

ADDITIONAL JUNE RECOMMENDATIONS 5-21-06

HAVING TROUBLE PRINTING?
Printer friendly version

We are recommending the following three (3) put writes to our JUNE RECOMMENDED LIST

We are recommending writing puts in the following issues:

LIFC - LifeCell Corporation engages in the development and marketing of human-derived tissue-based products for use in reconstructive, orthopedic, and urogynecologic surgical procedures to repair soft tissue defects. It produces a regenerative human tissue matrix, a three-dimensional structure that contains vascular channels, proteins, and growth factor binding sites, that provide a template for the regeneration of normal human tissue

SWIR - Sierra Wireless, Inc. engages in the development and marketing of wireless communications products that provide mobile professionals with data and voice access to wide area wireless networks. Its products include wide-area modems for mobile computers; wireless PC cards; embedded modules for original equipment manufacturers (OEMs); and rugged vehicle-mounted modems.

LYV - LIVE NATION -Live Nation is one of the world's largest diversified promoters and producers of, venue operators and sponsorship/advertising for, live entertainment events including music concerts, theatrical performances, and specialized motor sports events.


We are recommending the following specific put writes:

LIFC 27.75
SELL LIFC JUN SYM: QKL-RE
Target Price $35.00 25 Put
Potential Profit(10 x = $350.00

Initial Margin $5,900 10 (contracts)
Return on Investment 5.93%
Cost Basis in Stock = $24.65
Days to Expiration = 27
Stock goes on Watch List Price at: $26.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $25.00


SWIR $17.48
SELL SWIR JUN SYM: IYQ-RC
Target Price $20.00 15 Put
Potential Profit(10 x = $200.00
Initial Margin $3,696 10 (contracts)
Return on Investment 5.41%
Cost Basis in Stock = $14.80
Days to Expiration = 27
Stock goes on Watch List Price at: $16.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $15.00

LYV $21.80
SELL LYV JUN SYM: LYV-RD
Target Price $20.00 20 Put
Potential Profit(10 x = $200.00

Initial Margin $4,560 10 (contracts)
Return on Investment 4.39%
Cost Basis in Stock = $19.80
Days to Expiration = 27
Stock goes on Watch List Price at: $21.00
STOP EXIT STRATEGY
Close option position if Stock closes less than $20.00

This will bring our JUNE RECOMMENDED LIST to five (5) positions when filled

Option Writers Newsletter Archives