Sell to open the Proctor & Gamble July 55 put option (PG + SK) at $2.40 or more.   Proctor & Gamble (PG), a giant in consumer products, is going to get a lot bigger shortly with its acquisition of Gillette, another venerable name in consumer products. The $57 billion acquisition will create the world's largest consumer product maker. Read More

Position Update- MYG put  Continue to hold you Maytag April 17.50 put option (MYG+PW).  As we expected, investors were disappointed this morning when Maytag reported its quarterly results. Read More

01/25/05 CACI - Position Update. Yesterday, CACI International posted record EPS of 67 cents a share, which was toward the upper end of management's guidance and above the Street consensus of 66 cents.  Read More

Sell to Open the EBAY April 75 Put (XBA+PO) at 2.40 or higher We advise aggressive traders to take a leveraged position in EBAY.  Read More

BUY TO OPEN the Maytag Corp. MYG April 17.50 Put option (MYG+PW), at $1.55 or below.  Maytag will report its quarterly numbers on January 28. We believe that these results, as well as the company's near-term prospects will disappoint investors. Read More

BUY to Open the Feb 15 Emulex Call Option (ELX+BC) at 2.00 or below.  Emulex (ELX), a company whose principal business is in storage networking, will report its numbers tomorrow. The Street's focus will probably be not on the company's quarterly results, but on its guidance. Read More

SELL to CLOSE your Intel January 22.50 Call Option (NQ+AX) at the market. Despite reposting good numbers last week, shares of Intel (INTC) failed to rally as we expected. Moreover, today, after announcing a first in many years major restructuring plan, the shares continued to slide. Read More

Sell General Motors GM short   Yesterday, at the Detroit Auto show, GM released its guidance for 2005. While the EPS range of $4 to $5 included the Street's consensus estimate (currently $4.90), we are inclined to think that the earnings will probably be at the lower end of this range. Read More

Sell to Open CAI Mar 55 Put (CAI+OK, 1.40) at 1.25 or higher  We advise aggressive traders to take a leveraged position in CACI (CAI, 61.77) after its pullback of the last few days. We believe that CACI's competitiveness and strong position in the defense IT services makes it a compelling buy at this levels. Read More

E-mail message:  Buy the WebEx Communications September 20 call option to open (UWB + ID, $1.40) and simultaneously buy the WebEx September 20 put option to open (UWB + UD, $2.65). Read More