Option Investor
Newsletter

Additional OW DECEMBER RECOMMENDATIONS 11-21-06

HAVING TROUBLE PRINTING?
Printer friendly version

We are recommending the following three (3) put writes to our DECEMBER RECOMMENDED list

We are recommending put writes in the following issue:


TIV - Tri-Valley Corp is in the business of exploring, acquiring and developing prospective and producing petroleum and precious metals properties and interests therein. Tri-Valley has two wholly owned subsidiaries. Tri-Valley Oil & Gas Company operates the oil & gas activities and derives the majority of their revenue from gas production

TTWG - Take-Two Interactive Software, Inc. is a leading worldwide developer, publisher and distributor of interactive software games. The company's software operates on multimedia personal computers and video game console platforms. They are one of the largest distributors of interactive software games in the United States and one of the top publishers of interactive software games in Europe.

GRA - W. R. Grace & Co. produces specialty chemicals. They primarily operate through the following two business segments: Davison Chemicals and Performance Chemicals. Davison Chemicals manufactures catalysts (fluid cracking, hydroprocessing and polyolein) and silica and zeolite absorbents


We are recommending the following specific put writes


GRA 15.78
SELL DEC 12.5 PUT = GRA-XV
Target Price $20.00
Potential Profit(10 x = $200.00

Initial Margin $3,356 10 (contracts)
Return on Investment 5.96%
Cost Basis in Stock = $12.30
Days to Expiration = 24
Stock goes on Watch List Price at: $14.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $12.50


TTWO $17.38
SELL DEC 15.00 PUT = TUO-XC
Target Price $30.00
Potential Profit(10 x = $300.00
Initial Margin $3,776 10 (contracts)
Return on Investment 7.94%
Cost Basis in Stock = $14.70
Days to Expiration = 24
Stock goes on Watch List Price at: $16.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $15.00


TIV $8.14
SELL DEC 7.50 PUT = TIV-XU
Target Price $25.00
Potential Profit(10 x = $250.00

Initial Margin $1,878 10 (contracts)
Return on Investment 13.31%
Cost Basis in Stock = $7.25
Days to Expiration = 24
Stock goes on Watch List Price at: $7.75
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $7.50


Option Writers Newsletter Archives