As the picture above suggests, there is a potential for FCOJ to appreciate 20% from these levels. Considering the history of damage to crops in the Southern US as we head into this years hurricane season, buying an out of the money call option might be a very profitable venture. Try to buy the call where if the market where to move back to the 50% level, the option would have an intrinsic value twice what you paid (ie 1.50 call at 1.59 has intrinsic value of .09 and you bought the option for less than .045).
That's all for this inaugural issue of the WCTS Spotlight,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com
