Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.
Two of our Global Bull Market Alert option plays roared into triple-digit percentage gains yesterday.
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The stock of Brazilian mining giant CVRD (RIO) soared as the mining sector was abuzz with a possible merger between market leaders BHP Billiton and Rio Tinto. Your CVRD call options dipped slightly in early trading today but still are up a whopping 96.08%, so sell half of your remaining options to lock in close to a triple-digit percentage profit. Hold on to your 11.52% gain in the stock for now. With the buzz surrounding commodity stocks, this one has a (volatile) way to go.
Korean steelmaker Posco’s (PKX) stock also jumped as the Korean market continues to hit record highs. This Warren Buffett favorite is now up just over 15% since we first bought it six weeks ago. We took profits of close to 50% on Posco options two weeks ago. It’s time to take some more money off the table, so book your profits of 103.93% on half of your remaining options. Like Buffett, we’re holding on to the stock for now.
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A former Wall Street financial advisor with three decades’ experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.
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Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
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Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.
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George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives. He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance.
DayTradeSPY was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, Hugh instead developed his own trading system centered around day trading SPY options. That’s it… Nothing else.