Closing Out Two Option
Positions Leads to 206% Avg. Annualized Gain
1/12/04
Today we sold our Rockwell Collins options for a gain of 74.1%.
Held since 7/31/2003, that equates to a 240.8% annualized
gain.
Today we also sold options for Fairmont
Hotels that we recommended back on July 31 of last year. The
56.8% profit is equal to a 170.3% annualized gain.
Other news about our options recommendations:
Zimmer Holdings call options (also recommended on 7/31/03)
have increased 692% in value and still have two months to
go until expiration. Our initial investment of $660 in Zimmer
options is now worth $5,230.
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