WE ARE UP HUUUUGGGE from this this weeks scout report!
Monday 12- 8 update – PROFIT TAKING

BULLS TEAM –
PNC – sold all – entered Long Calls 12/5 from last scout report for 4.35, closing all for 5.80 = about 32% RETURN

BEARS TEAM – Kickin Butt now and taking names later-

CAM – filled at open for long Puts @ .60 cents selling 4 of 6 contracts for 1.15 NICE 90% RETURN in 4 hours!! and still have 2 contracts at the 45 strike riding from last week risk free.
COP – Filled this Morning on 6 long puts @ 1.31 , sold now for 2.50 – AWESOME 90% RETURN in 4 hours!!
HP – From Thanksgiving report – closed last 2 contracts (75/70 Bear put spread) for 4.70, entered for .65 = about 623% RETURN!! PHENOMENAL !!
NOB – Entered Puts this Morning for 1.70, sold 4of 6 contracts now for 2.25. = rough 32% RETURN
OXY – Entered Puts @ 1.16 this morning , exited for 3.75 = $259 Profit each or about 223% RETURN – VERY AWESOME! also closed remaining diagonal; spread we had for 5.40 , entered in past report for 3.20 = about 68% RETURN

DEBICON –
TSLA – selling put side from last report for 2.35 – Nice profit entered total condor for about 1.00 = 150% Return
Selling half of the position entered today – entered the Debicon for .72 cents this morn , just exited half of contracts for .99 = almost 38% return in less than 4 hours

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