Lincoln Million Trade Update 11.10.11

LNKD TAOM LPR

Still holding all three of these positions

LNKD- No changes to this position. There is a pretty nice gain on this so far. The puts I purchased are up over 18% in two days. If you shorted the stock outright from the $79 are you are up real nice at this point. Use your discretion on this, if you feel the need to take your profit please do so. I usually have larger position sizes so I tend to cut some shares after a move in my direction but I only have 1 put contract so I will hold through the lockout period 2 weeks from now or if the stock drops into the $60″s.

TAOM- Very small position on this left but sitting on support. This has to close stronger today for me to want to stay in it. Better plays out there IMO.

LPR- Holding up well in this tape. As long as it stays above 7.60 I’ll old on to it as pr the original plan.

Good looks so far and the Million account is in the green. I have a few more set ups I will be posting later. Also there will be a free webinar next week on stop losses. Register here http://www.instantpresenter.com/PIID=EA50D8888649