Business Editors
CHICAGO--(BUSINESS WIRE)--April 27, 2004
Limiting your risk is just as important as generated profit, although not as glamorous. Learn how to do both with a tutorial in options trading with Dr. Edward Olmstead, and discover a pair of his more recent option moves.
Here are the highlights from the Featured Expert column:
Options Play of the Week from April 20th
This week, Dr. Edward Olmstead and his team provide options trades on two stocks. One company is in the information technology sector and the other company is in the security industry.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) delivers high-quality, cost-effective, full life cycle solutions to complex software development and maintenance problems that companies face as they transition to e-business. On Monday (4/19), CTSH closed at $48.05.
Trade: Buy 1 Jul 45 call for $6.0 per share.
If CTSH rises to $55 anytime before the July options expiration (7/16/04), this option will show a profit of at least $400 for a gain of 67% or better.
Kroll, Inc (NASDAQ:KROL) is a global risk consulting company specializing in investigative, intelligence and security services. On Monday (4/19), KROL closed at $28.50.
Conservative Trade: Buy 1 Jun 25 call for $4.0 per share.
If KROL rises to $32 anytime before the June options expiration (6/18/04), this option will show a profit of at least $300 for a gain of 75% or better.
Get more of Dr. Edward Olmstead's information on the above mentioned option trades, along with an aggressive trade for Kroll, by clicking: http://at.zacks.com/?id=85
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