Dollar General (DG)
March 21, 2013
ACTIONS: Sell the DG May 52.50 Calls for $1.60 or more
Dear Fellow Big Money Options Traders,
Two days ago, we recommended you buy the Dollar General (DG) May 52.50 calls for $0.90. Today in a difficult market, these options are trading for $1.60. Given the sudden appreciation in the option, nearly 80%, and the rising instability of the overall market, we recommend closing the position and putting the winnings in the bank.
Have a good week trading.
Nick Atkeson and Andrew Houghton
Big Money Options