May 24th, 2011
Greetings We have a few adjustments to make:
AGNC@ $30.00
This is a “Hold” at this time.
If you didn’t get it “Put” to you in May 2011, June 2011 is too late, since “ex-dividend” is after Options expiration.
In July 2011 we will again be selling calls and puts on this stock with the goal being to have a Long position.
MELA@ $3.05
The Call went through at .30c
If you had a “limit” it is still an “open order”. You can still get .20c on the JULY 2011 C all.
CAGC.pk@ $3.00
Options are closed on this stock.
Open a “Sell” limit order, so they can use your shares for shorting.
I set my limit at $10.00
There are burblings that this stock might recover, but it will take a long time.
Remember, you have
not “lost” until you give up.
Until Next Time
Brad Lee
The Oracle.
Brad Lee AKA “The Options Oracle” and “The Money Medic” is an individual investor who does not manage
money for any financial institution.You are purchasing the list of stocks that he uses to select options contracts
he feels will return him the highest, safest profits. Brad is not a broker, or financial adviser. He is a remarkable
investor who has developed a successful strategy for himself, and is willing to share some of his magic with you.
We urge you to paper trade these picks and learn how to develop a strategy that is appropriate for you.Thank
You.
Disclaimer
Trading or investment in stocks, futures & options, and commodity are subject to potential market risks. You can
use our materials or recommendations for educational purposes, this is not intended as Trading or Investment advice.
We are not financial advisers. We cannot provide any advice as to whether or not options or our trading ideas are suitable investments for
your particular financial situation. We are in the business of publishing our trade ideas for market analysis only. We highly recommend that our subscribers review their trading allocation with a qualified registered financial adviser/planner. This emai l and any files transmitted with it are solely intended for the use of the addressee(s) and may contain information that is confidential and privileged. If you receive this email in error, please advise us by return email immediately. Please also disregard the contents of the email, delete it and destroy any copies immediately. You may download and retain on your disk or in hard-copy form a single copy of material published on this site only for your
personal, non-commercial use, provided that you do not remove any copyright or other proprietary notices. You may not otherwise
copy, distribute, display, download, modify, repost, transmit or use all or part of any material without prior written permission.