As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.
Trade Alert
Sell the Currency Shares Japanese Yen Trust ETF (FXY) March 2012 $129 puts at $2.70 or best
Closing Trade
2-10-2012
expiration date: 3-17-2012
Portfolio weighting: 5%
($5,000/100/$2.70) = 31 Contracts
Take the 11 day, 3.16% gain to your portfolio and run. I will reestablish on the next bout of yen weakness. I?d rather duck the accelerated time decay that kicks in ahead of a three day weekend. Those who bought the ETF (YCS) can also take their 4% profit here. A sudden bout of RISK OFF could send the yen back to its highs.
Note: this is not a new trade for new investors. It is a call for existing investors to take profits.
