10:30am (EST)

It’s time to take profits on another triple-digit winner.  Shares of Constant Contact (CTCT, $17.49, down $2.03) have fallen below our near-term target of $18 and our put options are up a whopping 145% in just under 3 weeks.

Given the strong gains, let’s ring the register and take at least partial profits.  Subscribers, check the Members Area for the update and our current thoughts.