Red Alert Q Tips
Winning Wells Fargo 10 3 8
The Wells Fargo rally continues
by executing leading strategies that set the winners from the losers.
By acting after the IRS tax change shows that being informed is crucial for success.
Earnings should be released soon and profit taking may set in
after a rally from the low 20's last July 10th.
You can shield your WFC stock position
by selling the WFC January 37.50 covered call option at 4.60
and buying the January 34 put option at 4.50
while the stock is at 37.05.
This may be wise at the current time.
I have business relations with Wells Fargo.
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