We are taking money off the table again! This time in NTAP and RIG. I'm suggesting an early exit for the 2011 NTAP calls. Meanwhile RIG hit our first target at $59.00 on Friday. The short-term trend in stocks is up but don't get lulled to sleep here. The lack of volume in the market is a warning!
New stop losses for RIG @ $47.45.
Disclaimer: At any given time the author may have positions in any or all of any companies mentioned in the Leaps Newsletter.
--Position Summary Table--
Table lists Directional CALL or PUT/LEAPS only.
Insurance puts, if applicable, are not shown.
Red symbol/name represents a dropped play this week.