Zacks.com Announces that Dr. Edward Olmstead Highlights Options for the Following Stocks: General Dynamics Corp and International Business Machine Corp

Business Wire, Jan 16, 2007

CHICAGO -- Dr. Edward Olmstead and his team, from the Options Professor newsletter, highlight a play on a company in the aerospace/defense industry, along with one from the computer systems sector. Read about General Dynamics Corp (NYSE: GD) and International Business Machine Corp (NYSE: IBM). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the January 9 Featured Expert column by Dr. Edward Olmstead include:

General Dynamics Corp (NYSE: GD): Based upon fundamental and technical analysis, it is projected that over the next 5 weeks, GD will rise to the level of $80.50 or higher.

Trade: Buy 1 Feb 75 call for $3.90 per share.

Cost = $390

Max risk = $390

Profit Price: Exit this trade for a profit if GD rises to $80.50 or higher anytime before the options expiration date (2/16/07).

International Business Machine Corp (NYSE: IBM): Based upon fundamental and technical analysis, it is projected that over the next 5 weeks, IBM will rise to the level of $102.00 or higher.

Trade: Buy 1 Feb 100 call for $2.20 per share.

Cost = $220

Max risk = $220

Profit Price: Exit this trade for a profit if IBM rises to $102 or higher anytime before January 25.

Receive more information on the options above and check out all of Dr. Edward Olmstead's option plays by clicking: http://at.zacks.com/?id=85

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