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Jack Be Nimble…Yanzhou Coal Mining January 90 Puts Up 29.47% Earlier Today

May 27, 2008

By Keith Fitz-Gerald

Email – #114 ** Jack Be Nimble…Yanzhou Coal Mining January 90 Puts Up 29.47% Earlier Today Last Thursday, we suggested that you buy Yanzhou Coal Mining’s January 2009 $90 puts (.YZCMR) under $9.50. Earlier this morning they traded at $12.30, which was close to our immediate price target of $12.50…but no cigar. It’s still overheated and the immediate spike [...]