Categories: Bull Market Alert HotlinesStock Market News

Book 52.17% Gains in Solar Calls

Your position in JA Solar Holdings Co. Ltd. (Nasdaq: JASO) jumped over the past two days on news that it is in talks to set up an industry fund of more than $290 million for solar power projects.

With your June $9.00 call options (JASO150619C00009000) up 52.17%, sell half of your options here to lock in these solid gains.

You already raised your stop on Monday to lock in at least a 10% gain in JA Solar’s stock, which is up 17.66% as of yesterday’s close.

With China-based JA Solar benefiting from the current mania in Chinese stocks, hold on to the rest of your options for potentially bigger gains ahead.

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.