PeakTrader.com

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Wed: Top Buys DELL Top Sells SPY IWM BHI OIH PD RTP AEM

Primary Trades:

SPY Jul 132 puts and IWM Jun 78 or Aug 77 puts remain buys on market bounces.

Secondary Trades:

Calls: DELL Jun 25 calls may be bought at 1.35 or lower.

Puts: BHI May 90 puts and OIH May 165 puts may be buys before the Oil Inventory report one hour after the open. PD has the potential to fall five to 10 points. Jun 90 puts may be best. RTP and AEM are relatively overvalued gold stocks.

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Primary Trade: An intermediate or long term trade. Timing can be off substantially. Volatility not a factor. Risk is low to moderate. Potential return is often moderate.

Secondary Trade: A short term trade. Timing must be accurate or volatility must be high. Risk is high. Potential return is high.

Secondary Trades should be generally avoided, although considered. Note: If Secondary Trades are taken, they may affect Primary Trades.