Categories: Bull Market Alert HotlinesStock Market News

Book Your Second and Third Triple-Digit Gainers for 2013!

Yesterday you booked 115.38% gains in your iShares FTSE China 25 Index Fund (FXI) $40 call options, as well as 66.4% gains in your iShares MSCI Emerging Markets Index (EEM) $43 call options.

In fact, you may have even bigger profits, as these positions just kept on going as the trading day progressed.

As of the close of trading yesterday, the FXI call options were up 124.04% and the EEM options were up 103.92%.

I believe these options are overvalued because of their significant “intrinsic volatility.”

So I’m recommending that you take your option money off of the table for now, by selling all of your remaining options in both of these positions to lock in your gains.

In addition, I’m recommending that you sell half of your positions in ProShares Ultra FTSE China 25 (XPP) and ProShares Ultra MSCI Emerging Markets (EET), to lock in double-digit percentage gains of 12.9% and 11.72%, respectively.

Hold on to the rest for potentially bigger gains in the weeks ahead.

Note that your position in Japan — ProShares Ultra MSCI Japan (EZJ) — is already up 6.41% in two days, and the options are already up 36.36%.

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.