Big Calls, Big Profits --TSC Network Highlights
09/19/08 - 01:41 PM EDT
David Morrow
With all the news, turmoil and opportunities in the stock market this week, you may have missed some of the great calls, and resulting great profits, that some of our ace contributors made.
Lenny Dykstra, the former baseball great who has turned himself into the wizard of options, hit the ball out of the park several times. I can't say enough about Lenny's options acumen, and fortunately I don't have to now because his stellar results speak for themselves. Within the past week, Lenny grabbed four substantial options wins, which he had highlighted in his premium service, Nails on the Numbers. One of his biggest was his options pick on Garmin(GRMN Quote - Cramer on GRMN - Stock Picks) , which he highlighted for subscribers Aug. 13. In a little more than a month -- 36 days to be exact -- Lenny's options play on Garmin netted him an $8,100 gain. Lenny highlighted his June 13 options pick on Tesoro(TSO Quote - Cramer on TSO - Stock Picks), and that pick brought home a $7,100 gain. (This pick was made prior to Nails on the Numbers being offered on TheStreet.com.) Lenny's two other wins came very quickly once he highlighted the picks to subscribers on Nails on the Numbers. Within 10 days of initiating his options call on McDermott(MDR Quote - Cramer on MDR - Stock Picks) on Aug. 29, Lenny rang the register -- to use his lingo -- for a $4,100 win. Lenny's call on Wachovia(WB Quote - Cramer on WB - Stock Picks) was virtually an immediate winner. Lenny highlighted an options pick on Wachovia to his subscribers Wednesday, and one day later, had notched a $1,000 gain.
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