February 12th, 2012
Published Daily

Diamonds (last 81.59)

by Rick Ackerman on April 16, 2009 7:40 pm GMT

We've bought September puts in Google and Microsoft with the goal of spreading them off when the stocks fall. However, since we also expect the broad average to move somewhat higher in the meantime, we can leverage the bullish case by buying out-of-the-money calendar spreads in the Diamonds. Specifically, I am recommending that you buy ...

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