Option Investor
Newsletter

Additional OW SEPTEMBER 2007 recommendations 8-19-07

HAVING TROUBLE PRINTING?
Printer friendly version


We are adding the following put writes to our SEPTEMBER Recommended list

We are recommending put writes in the following issues:

JNPR - Juniper Networks Inc. is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet.

ENZ - Enzo Biochem, Inc. develops, manufactures and markets health care products based on molecular biology and genetic engineering techniques, and also provides diagnostic services to the medical community. The business activities of the company are performed by one of the company's three wholly-owned subsidiaries--Enzo Diagnostics, Inc., Enzo Therapeutics, Inc., and Enzo Clinical Labs, Inc.

We are recommending the following specific put writes

JNPR $31.64
SELL SEP 27.50 PUT =
JUX-UY
Target Price $50.00
Potential Profit(10 x = $500.00
Initial Margin $6,828 10 (contracts)
Return on Investment 7.32%
Cost Basis in Stock = $27.00
Days to Expiration = 32
Stock goes on Watch List Price at: $29.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $27.50


ENZ $16.40
SELL SEP 12.50 PUT =
ENZ-UV
Target Price $25.00

Potential Profit(10 x = $250.00
Initial Margin $3,530 10 (contracts)
Return on Investment 7.08%
Cost Basis in Stock = $12.25
Days to Expiration = 328
Stock goes on Watch List Price at: $14.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $12.50

Option Writers Newsletter Archives