Come hell or high water…

Even after a 600-point rally in the Dow, our put recommendation in the Diamonds is still profitable because of judicious profit taking advised near the bottom of the wicked plunge that followed our entry. As today’s tout makes clear, we’re going to stick with the position — long September 126 puts with an effective costs basis of 0.45 — come hell or high water.  Click here for a free trial subscription to Rick’s Picks.