It’s time to ring the register once again. We have been patient with our Carrizo Oil & Gas (CRZO, $29.58, up $1.41) call options which we recommended back in January at $1.20. Today they have popped to $1.70. The trade was down over 50% at one point but we said the chart was super bullish and we said Monday morning the stock was on the “verge of breaking out of a bullish symmetrical continuation triangle”. Bottom line the trade is now up 42% as we trusted the chart.
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If you are not a subscriber but would like to read more please click here. We are one of the fastest growing stock options trading advisors on the internet and we are off to a great start for 2012. We offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter which is 29-3 over the first 2 months of the year. Our list of winners include 131% and 114% on 2 MGM trades, 200% on SGMS, 107% on AFL, 100% on STX, 82% on TSM and 125% on MSFT just to name a few. In other words, these solid gains could have turned a $10,000 trading account into $30,000 using the 32 recommendations we have closed this year!
Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis and is 12-0 for 2012. We were 16-0 in 2011. Even better, we could add another 10 winners in March which would bring our Track Record to 38-0! Some of our winners include 27% on CLNE, 17% on VVUS, 19% on MGM, 18% on DNDN, and 20% on DAR. Remember, if you can make 20% on just 5 trades, you will double your money.
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