EPIC Insights RIMM Stock Pick Yields $8,000+ Profits for Readers
This week was one of the best yet for EPIC Insights Weekly, the free Sunday market newsletter written by Sean Hannon and found exclusively here on StockTradingToGo. This past Sunday’s issue had the “option trade of the week” buying Research in Motion (RIMM) put options expecting the stock to drop after earnings were released on Thursday (yesterday) after the bell.
Sean nailed this pick and today RIMM gapped heavily and ended up closing the day down -17.04%! This left readers with some hefty profits. Two of today’s testimonials are below:
Testimonial #1
“Just wanted to thank you for the great options trade idea on RIMM.
Your analysis was right on target and made me a lot of money:
Bought 20 10/75 puts for $1.81 and sold them this morning for $5.35 for a quick $7080 profit.
Also sold 20 bear call spreads-10-100/95 october calls for $1580 and bought them
back for $80.00 another quick $1500.
Many thanks and keep the ideas coming.”
Testimonial #2
“Thanks for your analysis of the RIMM Oct. 75 puts on this weeks EPIC Insights! After RIMM peaked at 88 on Wednesday and started selling off I purchased the 75 puts and sold them the next day for a 72% gain. I didn’t want to lose that profit and wanted to take some risk off the board as well. I still wanted to play the earning release and went with the 70 puts at .82 and right now they’re trading at about 3.15. I’m up just about 300% and looking to trim my position soon.
Again, I really enjoy your newsletter and look forward to reading it each week!”
Here is the stock chart of RIMM:
As of the start of this week the EPIC Insights portfolio was already showing a staggering return of 31.3% since its inception and now after this week even with the market ending lower we can only guess that all readers will once again realize more profits.
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