On Friday, I issued a new buy on the GILD February 2015 97.50 put, and the SNY June 2015 47 calls. Both are already showing gains. Hold both…
Even though I do see further downside in the GILD stock, I do want to secure gains on the second half of the GILD January 105 put now showing a gain of 93%. The first half was exited for gains of 40% in late October 2014.
Hold all other positions, including the newly issued gaming stock puts recommended this morning.
Ian L. Cooper
Forgotten Profits